Portland Restaurant on NW 23rd Avenue
Business Description
Prime turnkey restaurant space available on Portland’s highly coveted NW 23rd Avenue. This beautifully designed, fully built-out second-generation location features a complete kitchen, modern dining room, and quality finishes throughout. The site benefits from exceptional foot traffic, strong neighborhood demographics, and a highly favorable lease offering below-market rent, two exclusive parking stalls, and landlord-covered HVAC repair and grease trap maintenance. The layout is versatile and can be adapted to a wide range of restaurant or café concepts. A rare opportunity to secure a ready-to-operate space in one of Portland’s most desirable retail corridors.
The lease extends to 2031 with two additional 5-year buyer options. The space is approximately 1,970 square feet. $6,772/month includes triple net.
This is an operating and established business, but the sale will not include the name/concept. A buyer will bring their own concept to this turn-key opportunity. The current restaurant does approximately $650,000 in yearly revenue and profits over $100,000.
An NDA and information on funding are required to review this exceptional opportunity.
The lease extends to 2031 with two additional 5-year buyer options. The space is approximately 1,970 square feet. $6,772/month includes triple net.
This is an operating and established business, but the sale will not include the name/concept. A buyer will bring their own concept to this turn-key opportunity. The current restaurant does approximately $650,000 in yearly revenue and profits over $100,000.
An NDA and information on funding are required to review this exceptional opportunity.
About the Business
- Years in Operation
- 4
- Facilities & Assets
- Turn-key, beautiful interior layout. Lease includes triple net and has two additional buyer options.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,970
- Rent
- $6,772.00 per month
- Lease Expiration
- 5/30/2031
About the Sale
- Seller Motivation
- Sellers are moving.
- Transition Support
- Negotiable with offer.
Listing Info
- ID
- 2442352
- Listing Views
- 60
Listing ID: 2442352 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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