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Listed by Wood Land Realty • 503-522-1691
$850,000
Est. payment /mo
2,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $377
MLS Listing ID 315930071
Year Built 1908
Annual Tax Amount $3,607
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type Commercial
Property Description
Why lease when you can buy? Fully built-out 2nd generation restaurant with enormous outdoor patio space. The property features both a type 1 and type 2 hood, walk-in refrigerator and freezer, including 2 Baker's Pride single-deck gas ovens, 2 display freezers, a beverage area, multiple preparation refrigerators, and handwashing sinks. The sale also includes both indoor and outdoor tables, chairs, and booths.With a freshly painted interior and exterior, this standalone building zoned CM2 on a 5,550 square foot lot offers over 2,250 square feet on the entry level, approximately 3,000 square foot patio, plus additional office and storage space on the lower level. This turnkey restaurant space housed a pizza restaurant for 11 years and bakery/ restaurant for 12 years prior solidifying it's solid location. With multiple exterior doors, the building could be split into two separate spaces, plus excellent potential for adding food carts and seating in the huge fenced outdoor area. The facility includes two bathrooms and ample storage.Located in the Overlook neighborhood, this hotspot has excellent visibility at the well-traveled corner of North Killingsworth St. and North Denver Ave. attracting a plethora of pedestrians, cyclists, and easy access for public transit, in addition to being just blocks away from Adidas Headquarters. This represents an excellent opportunity for a turnkey restaurant, a joint kitchen/anchor business with food carts, or a much-needed breakfast establishment. Don't miss out on this superb opportunity to create something magical in North Portland.
Location
State OR
County Multnomah
Area _141
Zoning CM2
Interior
Heating Forced Air
Cooling Central Air
Equipment Fixtures, Furniture
Exterior
Roof Type Flat
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Cassandra Marks
Realtor, Licensed in OR & WA | License ID: 201225764
Realtor, Licensed in OR & WA License ID: 201225764