17937 SE Stark St - Restaurant FOR SALE


Portland, OR 97233
$2,950,000 USD
971-341-5218
17937 SE Stark St, Portland, OR for Sale
$2,950,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

17937 SE Stark St
Portland, OR 97233


HIGHLIGHTS

  • 1.5 acres on accessible corner location offers plentiful parking and redeveopment opportunities
  • High visibility and pylon signage with 50,000+ cars/day on SE 181st and Stark St.
  • Well maintained restaurant building with dining area, bar/lounge, and fully equipped commercial kitchen

OVERVIEW

Discover an exceptional opportunity in a thriving urban renewal area, perfect for retail, restaurant, or a mixed-use redevelopment. This 1.5 acre property is an easily accessible, high-traffic location situated on the corner of SE 181st Ave & Stark Street, offering abundant parking, pylon signage, and multiple ingress/egress points.  The well-maintained restaurant building offers a dining, lounge, office, four (4) multi-stall restrooms, and a large, well-equipped commercial kitchen. Located in the Rockwood Town Center (RTC) district that encompasses the heart of Central Rockwood. It is centered on the triangle formed by E. Burnside, NE 181st Ave., and SE Stark St., but also takes in adjacent properties around the triangle. Primary uses permitted in RTC are retail commercial, services, office uses and housing. Mixed-use developments and various institutional uses (e.g. library, public meeting halls, government facilities) are also permitted.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

RTC

APN/PARCEL ID

R321539,R321741

ASK ABOUT THIS PROPERTY

Teresa PetersonRe/max Advantage GroupMore Info
971-341-5218

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Teresa PetersonRe/max Advantage GroupMore Info
971-341-5218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.