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8325 SE Mcloughlin Blvd Portland, OR 97202

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For Sale
$1,950,000

Rare development opportunity with high visibility and excellent location.

Property size:
7,778 SF
Lot size:
0.89 Acres

Property Features for 8325 SE Mcloughlin Blvd

General Information

Standard status
Active
Size
7,778 SF
Lot size
0.89 Acres

Building Details

Year built
1947

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Listing Contact
Bela Barany
Source: Corcoran

Listing Agency: EXP REALTY, LLC Listing Agent: Bela Barany

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Landmark Business Opportunity in Portland

This offering presents a rare real estate development and landmark business opportunity in close-in Southeast Portland, situated along Highway 99/McLoughlin Blvd. The property comprises three tax lots totaling 0.89 acres (38,757 square feet) and features a landmark business and building. It boasts 271 feet of frontage and includes two parking lots accommodating 40 spaces. The restaurant has a capacity of 152 people. The location offers great exposure and visibility from the high-traffic highway. The existing large business signage is grandfathered in, provided it remains in place. The property includes a large, two-story building with Johnson Creek bordering the west side. Its location provides convenient access to MAX and public transportation, with direct access to and from the Sellwood area. Zoned Portland Commercial Employment (CE), the property allows for retail sales and services, office space, quick vehicle servicing, vehicle repair, self-service storage, household living, institutional uses, and limited manufacturing and other low-impact industrial uses. The maximum building height is 45 feet (approximately 4 stories). Parking is not required. The Floor Area Ratio (FAR) is 2.5:1, with the potential to increase to 4:1 with bonus provisions. The building size is 7,778 square feet.
Location Intelligence

Current Use by Public Records

Acropolis Restaurant ATM Express Atm acroplois Restaurant Acropolis Steakhouse Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Tavola Catering, Oregon Production Kitchen, What's For Dinner Chef's Pantry, Verns & Son, Premiere Catering

Location Insight

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  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.6391468
Latitude
45.4626727

FAQs

What type of property is this?
Restaurant - Rare development opportunity with high visibility and excellent location.
Where is this restaurant located?
The property is located at 8325 SE Mcloughlin Blvd Portland, OR.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: - High-traffic location on Highway 99/McLoughlin Blvd with 271-foot frontage and grandfathered-in large business signage.; - Large 0.89 acre site comprised of three tax lots with a landmark building.; - Portland Commercial Employment zoning allows for a wide range of uses.
More about this property
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