Tavern w/Real Property

Portland, OR

Price: $845,000
Broker(s): David P. Marlin

$510,000/year
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1,300

Description:

Freestanding compact facility with single use building. Full kitchen with hood.  Seats 49.  Plus outdoor seating.  Cozy bar room.  Designed to keep labor costs low.  The setting is warm and conducive to repeat clientele. The total square footage is approximately 1,300.  Nice RP lot on a main thoroughfare – also about 1300 sq ft. In good condition.

Long established with loyal following. Currently open from 10AM-9PM Wed-Saturday and 10-2:45 Sunday – closed Tues-Wed.  Known for good Pub food tap beers, with full OLCC license.  Service is quick and simple.  Repeat local clientele come for food and drinks, business meetings, Timbers and local events.  Breakfast could be a viable addition.

Absentee owned - operated by employees

General Information

LLC
1975
2007
9
49
1,300
street
OLCC, Health, Business
10-9 -5 days
Other industry

Financial Information

$510,000/year
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Lease Information

$/month
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Not Available
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Financing Information

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Date Added: 2023-07-19