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3932 Mississippi Ave Portland, OR 97227

  • Retail properties
  • 19,571 SF
  • 0.46 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • La Fiesta @Lustre Pearl / Live Music Venue
  • Portland Pickles Public House / Sports Bar

Property Details for 3932 Mississippi Ave

Year built
1992
Lot size
0.46 lot acres
Property size
19,571 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional Portland, Oregon property, located at 3932-3936 N Mississippi Ave, offers a prime 19,571 square foot retail and restaurant opportunity. Built in 1992 and extensively renovated in 2021, this single-tenant building sits on a 0.46-acre lot in the vibrant North Portland submarket (Multnomah County, APN R223687, CM3 zoning). The two-story structure boasts a 3,675 square foot main space, plus a mezzanine and a loft office (not included in the square footage). Features include two bars, a walk-in cooler, a Type I hood, three private bathrooms, and a garage. The prime Mississippi Avenue frontage features two man doors and two roll-up doors, opening the space to a front patio, creating an ideal outdoor dining experience. Additional access is provided via two man doors and a garage/delivery door to a back alley. This location is surrounded by thriving businesses, including restaurants, shops, and entertainment venues, ensuring high visibility and foot traffic. This is a rare opportunity to acquire a well-established, fully equipped restaurant and bar in a highly desirable location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Portland
County
Multnomah
State
Oregon
Longitude
-122.675
Latitude
45.5513
More about this property
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