For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Landmark Business Opportunity in Portland Title is generated by Realmo AI

    8325 SE MCLOUGHLIN, Portland, OR 97202

    View on Map
    Claim this Listing
    For Sale
    $1,950,000

    Rare development opportunity with high visibility and excellent location.

    Type:Commercial
    Property size:
    7,778 SF
    Lot size:
    0.89 Acres
    Price / SF:
    $250/SF
    Added:
    Dec 10, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 5 at 8:29 pm

    Property Features for 8325 SE MCLOUGHLIN

    General Information

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

    Building Details

    Year Built
    1947

    We can help!

    Listing Contact
    BELA BARANY

    Listing agent BELA BARANY

    Listing office EXP REALTY, LLC

    Listing date Dec 10, 2025

    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 EXP REALTY, LLC

    HighLights

    • 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.
    • Ample parking with two lots accommodating 40 spaces; parking not required by zoning.
    • Development potential with 2.5:1 FAR (can be increased to 4:1) and 45‑foot height limit.
    • Excellent location near MAX, public transportation, and Sellwood area with Johnson Creek on the property's West side.

    Overview

    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.

    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 $177.3k $22.80
    − Vacancy −$10.6k −$1.37
    EGI $166.7k $21.43
    − OpEx −$41.7k −$5.36
    NOI $125.0k $16.07
    7,778 SF · lease $22.80/SF/yr · vacancy 6.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.79M
    $1.56M – $2.08M (±1% cap)
    NOI $125,024 @ 7.0% cap · market cap 6.41%
    Second Best
    Retail
    $1.55M
    $1.36M – $1.81M (±1% cap)
    NOI $108,783 @ 7.0% cap · market cap 5.58%
    Theoretical Best
    Office A
    $1.86M
    $1.62M – $2.16M (±1% cap)
    NOI $129,892 @ 7.0% cap · market cap 6.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile 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 8235 SE 13th Ave, Portland, OR 97202
    • Oregon Production Kitchen 2121 SE Ochoco St, Portland, OR 97222
    • What's For Dinner Chef's Pantry 8235 SE 13th Ave, Portland, OR 97202
    • Verns & Son 1952 SE Ochoco St, Portland, OR 97222
    • Premiere Catering 2432 SE Umatilla St, Portland, OR 97202

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.639
    Latitude
    45.4627

    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 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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message