1331 BroadwayPortland, OR 97201

For Sale
$3,200,000

Historic Portland Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
Exceptional opportunity to acquire a fully equipped, 7,061 square foot restaurant located in the heart of Portland, Oregon at 1331 SW Broadway, zip code 97201. This stunning property, built in 1863, boasts a rich history and has been meticulously remodeled. The asking price is $3,200,000, translating to $453.19 per square foot. The space is currently vacant and includes all fixtures, furniture, equipment, and more – a true turnkey operation. The main floor encompasses 2,989 square feet and features a full kitchen, bar, and dining area. A mezzanine level adds another 1,029 square feet. The second floor, totaling 3,043 square feet, offers a prep kitchen, bar, fireplace, pool table, vaulted ceilings with exposed beams, and a large seating area. Upper-level amenities include office space, two bathrooms (one with a shower), lockers, and ample storage. Elevator service is available. This unique property, previously home to the Raven and Rose restaurant, benefits from its placement above a multi-story parking garage, having been carefully relocated in 2008 onto a new foundation. Condo association membership is required. Ideal for a variety of uses, including restaurants, wineries, or event spaces. Don't miss this chance to own a piece of Portland history.

Highlights

  • 7,061 square feet of space.
  • First floor comprises 2,989 square feet.
  • Mezzanine level offers 1,029 square feet.
  • Second floor contains 3,043 square feet.
  • Elevator access available.
  • All existing furniture, fixtures, and equipment included.

Property Details for 1331 Broadway

Property type
Other retail properties, Restaurants
Square Feet
7,061 SF
Year Built
1863

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.514894
Longitude
-122.682372
1331 Broadway, Portland, Oregon

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1331 Broadway
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