Individually Owned 
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Property summary
In close-in southeast Portland, along Highway 99/McLoughlin Blvd, the property consists of three tax lots totaling 0.89 acres (38,757 square feet) with 271 feet of frontage and two parking lots providing space for 40 vehicles. The site includes a landmark two-story building with an operating restaurant configuration with seating capacity for 152 people, and a large business sign that is grandfathered provided it remains in place. Johnson Creek forms the western boundary. The location is near MAX and public transportation, with access to/from the Sellwood area. The property is zoned Portland Commercial Employment (CE), which permits retail sales and services, office use, quick vehicle servicing and vehicle repair, self-service storage, household living, institutional uses, limited manufacturing, and other low-impact industrial uses. The maximum building height is 45 feet (approximately four stories), parking is not required, and the Floor Area Ratio (FAR) is 2.5:1 with the possibility of increasing to 4:1 through bonus provisions.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Atm
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Restaurant
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Restaurant
Location
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Portland market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · Portland, ORZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Portland, OR.
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