Inner SE Portland Neighborhood Bar and Restaurant w/outdoor patio
Price: $125,000 Broker(s): David P. Marlin
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Plenty of room for social-distancing! Long-standing bar/restaurant was re-concepted and remodeled in 2014. A casual lunch/dinner and bar operation with TV’s, periodic live music and a festive outdoor patio for seasonal use and special events. The space seats 110 comfortably, plus the private patio, and could nicely accommodate a wide variety of concepts, probably the best of which is a casual American bar. The prior business had been in operation for more than 25 years and had shown steady revenues. The facility had a Full-On-Premises OLCC license. Lottery would fit nicely if desired. Full kitchen. Beveragers account for approx 60-70% of revenues.
Featuring a real bar room atmosphere with old school design and décor, finished wood and brick throughout, different revenue areas, excellent lighting, cozy dining room, and a fully equipped kitchen. In season, the patio allows for a festive outdoor gathering place and a convenient outdoor smoking area. The business occupies a 3,000 rentable sq ft. plus the patio and a full basement for usable space.