13900 Sandy Blvd Portland, OR 97230

Property Details for 13900 Sandy Blvd

Property size

2,000 SF

Property type

Commercial real estate

Description

This thriving Portland tavern, located at 13900 NE Sandy Blvd, offers a unique opportunity for ownership. Boasting 2,000 square feet on a 3,500 square foot lot, this single-story, 2022-renovated establishment has a strong reputation built over years of loyal patronage. Its prime location near Argay Park and on a bus line ensures high foot traffic and accessibility. The business includes all fixtures, fittings, bar equipment, existing stock (with extra available for purchase), goodwill, and the brand name. Key features include six profitable lottery machines (new owner must qualify), a fully equipped bar, comfortable seating areas, a well-maintained kitchen, a new HVAC system (2023), a 16-camera security system, sixteen beer taps, nine picnic tables with umbrellas, a flat-top grill with hood system, remodeled bathrooms (2022), a profitable ATM, and a profitable vending machine. A new cooling system was installed in the 10' x 12' walk-in cooler in 2024. The business operates under a Net Lease (NNN) agreement, details available upon request. Financials are available to serious inquiries with a signed NDA. The experienced staff is largely willing to remain. This is a turn-key operation with significant potential for growth, ideal for an individual passionate about the hospitality industry and community engagement. The asking price is $349,000 ($222.50/sq ft). The occupancy date is July 30, 2024.