Property summary
This exceptional 3,140 square foot restaurant space is located on a prime corner lot at 3500 SE Hawthorne Blvd in Portland, Oregon, within Multnomah County (zip code 97214). The property is part of a larger retail building totaling 7,081 square feet, offering a strong presence on a busy thoroughfare. This is a second-generation restaurant space, meaning it's ready for immediate occupancy by a new tenant, having previously housed a restaurant operation. The space is ideal for a variety of culinary concepts, benefiting from existing restaurant infrastructure. The location provides excellent visibility and accessibility for customers, with high foot traffic and convenient access to public transportation. The property's corner location offers significant advantages in terms of signage and street presence. This is a rare opportunity to acquire a well-situated restaurant space in a vibrant and desirable Portland neighborhood. The property is classified as retail, with a restaurant subtype and multiple tenancy. The space is ready for immediate use, presenting a turnkey solution for a new restaurant venture. This is a fantastic opportunity to establish a thriving business in a high-demand area.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CS · Portland, ORZoning
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Zoning designation
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