Restaurants for Sale Portland

Inner SE Portland Neighborhood Corner Bar and Speakeasy w/outdoor patio.

Portland, OR

Price: $120,000
Broker(s): David P. Marlin

$750,000/year
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$5,200/month
2,280

Description:

  • Prime Inner SE central to the vibrant Portland food & beverage scene. Located in a busy commercial district surrounded by offices, retail and residential. 
  • HIGHLY VISIBLE - WELL KNOWN
  • This long-standing bar/restaurant was re-concepted recently.  Currently an evenings-only bar operation with an interesting beverage and good casual food menu, periodic music events and an outdoor seating area for seasonal use and special events.   The space seats 60-80 comfortably and could nicely accommodate a wide variety of bar concepts.   It reads somewhere between local bar and “speakeasy’ atmosphere. The prior concept had been in operation for years and had shown steady revenues.  The facility had a Full-On-Premises OLCC license
  • Featuring a real bar room atmosphere including two bars on two different levels (upstairs/downstairs) with distinctly different design and décor – urban kitsch and brick throughout different revenue areas, excellent lighting, cozy dining room, and a fully equipped kitchen.  Nicely renovated and well maintained.  In season, the outdoor seating area allows for a festive gathering place. 

General Information

Corporation
2017
2017
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2,280
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OLCC, Health, Business
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Other businesses

Financial Information

$750,000/year
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Lease Information

$5,200/month
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Not Available
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Financing Information

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Confidential Disclosure Agreement

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Date Added: 2021-09-07 | Last Updated: 2021-09-09