1717 SW Park Ave Portland, OR 97201
Property Lookup
Property profile & analytics
1717 SW Park Ave Portland, OR 97201
- Apartment buildings
- 245,281 SF
- 0.92 lot acres
Property ID
US71-0670765
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Subway / Take-out & Catering
- Social Media & Internet Marketing / Marketing & Advertising
- Taste of Old Poland / Department Store
- Cheerful Tortoise / Resort
- Fish-San / Restaurant
Property Details for 1717 SW Park Ave
- Year built
- 1951
- Lot size
- 0.92 lot acres
- Property size
- 245,281 SF
- Zone code
- RXD
- Property type
- Apartment buildings
- APN
- 1S1E04AD 08600
- APU
- 1S1E04AD08600
Description
This thriving Japanese and Poke restaurant in Portland, Oregon, presents a fantastic investment opportunity. Located at 1717 SW Park Ave, 97201, this single-tenant property boasts 1,310 square feet of space, perfect for both indoor and outdoor dining. The restaurant currently features 20 indoor seats with additional outdoor seating capacity. The business is offered at a purchase price of $148,000. The menu is designed for efficient operation, with all dishes prepared and served within two minutes, allowing for streamlined service and high turnover. The current staffing model utilizes an average of three employees. The restaurant maintains a spotless environment and enjoys consistently positive customer reviews, indicating a strong reputation and loyal clientele. This turnkey operation is easy to learn and manage, making it an ideal acquisition for an experienced restaurateur or a first-time business owner seeking a profitable venture in a desirable Portland location. The property's prime location in the Japanese submarket ensures a steady stream of customers familiar with and appreciative of authentic Japanese cuisine. This is a rare opportunity to acquire a well-established, profitable restaurant with a proven track record.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $59,209,000
- AI Estimate
- $59,209,000
Market price range: $39.0M - $96.9MMarket price range: $39.0M - $96.9M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $65,215,000 Current use
- RESTAURANT
- $84,000,000 Change: +29% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $74,895,000 Change: +15% Conversion: Difficult
- MEDICAL BUILDING
- $74,085,000 Change: +14% Conversion: Moderate
- RETAIL STORES
- $73,640,000 Change: +13% Conversion: Difficult
- OFFICE BUILDING
- $70,890,000 Change: +9% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $52,860,000 Change: -19% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.685
- Latitude
- 45.5129
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$574,928
$0.00
$0.00
$21,716,930
-
$9,096,170
$90,625,380
$99,721,550
