3646 SE BELMONT, Portland, OR 97214
Turn-key bar with building in a sought-after location.
- Added:
- Apr 3, 2026
- Days on Market:
- 74
- Last Refresh:
- Apr 3 at 8:10 pm
Property Features for 3646 SE BELMONT
General Information
- Standard status
- Active
- Size
- 6,667 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1905
Listing agent BASSEL AYOUB
Listing office WORLD WIDE REALTY INC (503) 974-9886
Listing date Apr 3, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of WORLD WIDE REALTY INC
HighLights
- Prime location in a high‑traffic, highly desirable area with excellent visibility and steady foot traffic.
- Fully equipped, turn‑key operation ready for a smooth transition to new ownership.
- Significant potential for growth through expanded events, marketing, and lottery.
- Proximity to popular restaurants and shops that consistently drive patrons.
- Opportunity for owner‑operator or investor.
- Building included in the sale.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.0k | $19.20 |
| − Vacancy | −$8.3k | −$1.25 |
| EGI | $119.7k | $17.95 |
| − OpEx | −$29.9k | −$4.49 |
| NOI | $89.8k | $13.46 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- 007 hookah lounge — 2524 SE Division St, Portland, OR 97202
- THE END — 3532 SE Division St, Portland, OR 97202
- The Richmond Bar — 3203 SE Division St, Portland, OR 97202
- Imperial Bottle Shop & Taproom — 3090 SE Division St, Portland, OR 97202
- Bula Kava House — 3115 SE Division St, Portland, OR 97202
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6260806
- Latitude
- 45.5162266