5902 SE Foster Rd - Restaurant FOR SALE


Portland, OR 97206- Creston-Kenilworth
$4,999,950 USD
503-320-0386
5902 SE Foster Rd, Portland, OR for Sale
$4,999,950 USD
Restaurant - FOR SALE
1/48
null | Request Cap Rate

5902 SE Foster Rd
Portland, OR 97206
Creston-Kenilworth


OVERVIEW

Nestled in the vibrant heart of the Foster-Powell neighborhood, this exceptional mixed-use property offers a rare blend of commercial and residential opportunities. The ground floor is home to a bustling restaurant and bar, complete with a state-of-the-art professional kitchen and an engaging lottery area, perfect for patrons seeking both fine dining and entertainment. Above, discover five distinct apartments, each offering a unique living space ranging from 600 to 800 square feet. These units provide comfortable urban living with the convenience of location and the charm of neighborhood life. Further enhancing this property's appeal is a spacious commercial garage, currently serving as a thriving mechanic shop. This versatile space boasts three bays, each equipped with a lift and impressive 20-foot ceilings, ideal for a variety of commercial ventures. Located in one of the city's most sought-after areas, this property is not just a building but a community hub, offering a multifaceted opportunity for the astute investor or entrepreneur. Don't miss out on this unparalleled opportunity to own a piece of Portland's dynamic Foster-Powell neighborhood.

FOR SALE DETAILS

PRICE

$4,999,950 USD

PRICE/SF

$702 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,906 SF

ZONING

CE

APN/PARCEL ID

R132675

ASK ABOUT THIS PROPERTY

Ben AndrewsAndrews & CompanyMore Info
503-320-0386

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

Ben AndrewsAndrews & CompanyMore Info
503-320-0386

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