Property profile

28242 Historic Columbia River Hwy Troutdale, OR 97060

OFF-MARKET
Restaurants
9.06 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional build-to-suit opportunity is situated on 1.47 acres of land within the desirable Columbia River Gorge submarket, specifically at the historic Tippy Canoe site along the Sandy River in Troutdale, Oregon (zip code 97060). The property boasts a total of 30 parking spaces and offers a flexible build-out size ranging from 3,700 to 4,500 square feet, perfect for a single-tenant restaurant. The site is fully entitled, having received all necessary approvals from the county and relevant government agencies, eliminating potential delays and streamlining the development process. Stunning architectural plans, designed by the award-winning Waechter Architecture firm, are already in place, providing a strong foundation for your vision. This location presents a rare chance to establish a restaurant in a highly sought-after area, conveniently located just 20 minutes from Portland's Eastside and portions of Vancouver/Camas, Washington. The property's position at the gateway to Oregon's Columbia River Gorge ensures high visibility and accessibility for customers. With its scenic setting and proximity to major population centers, this build-to-suit opportunity represents a unique investment potential in a thriving market. The total land parcel encompasses 9.06 acres. This is one of the few commercial/restaurant opportunities available between Troutdale and Hood River.

Property profile

Verified
Property type Restaurants
Lot 9.06 ac (394,654 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

28242 Historic Columbia River Hwy Troutdale, OR 97060
Troutdale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 28242 Historic Columbia River Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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