425 Montgomery StPortland, OR 97201

For Sale
$800,000

Portland Waterfront Restaurant - $800,000

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 4,542-square-foot restaurant, situated on the Willamette River in downtown Portland, presents a rare investment opportunity. The property boasts a unique floating structure with 3,279 square feet on the ground level and an additional 1,263 square feet on the second level, perfect for diverse dining configurations. Ample storage is available in the lower level. The property also includes a significant 1,758-square-foot exclusive covered dock equipped with water and electricity, providing convenient access for river traffic and boat docking directly adjacent to the restaurant. This prime location offers unparalleled visibility from the Marquand and Hawthorne Bridges, ensuring high foot and boat traffic. The restaurant benefits from its proximity to established businesses such as McCormick & Schmick’s Harborside, Kimpton’s RiverPlace Hotel, King Tide Fish & Shell, Yomi Sushi, Upstream Coffee, and Little River Café, ensuring a vibrant and bustling atmosphere. The surrounding area features a dense residential and daytime population, providing a strong customer base. This second-generation floating restaurant is ready for immediate occupancy and presents a unique chance to own a thriving waterfront establishment in the heart of Portland, Oregon. The asking price is $800,000. The property is located at 425 SW Montgomery Street, Portland, OR 97201, in Multnomah County.

Highlights

  • Rare opportunity to acquire a second-generation, 4,542 SF floating restaurant on the Willamette River in downtown Portland.
  • Restaurant features a 1,758 SF covered dock with water and electric, providing convenient boat access.
  • Prime location near McCormick & Schmick's, Kimpton RiverPlace Hotel, and other established businesses.
  • Strong customer base due to dense residential and daytime population.
  • High visibility from the Marquand and Hawthorne Bridges.
  • Immediately available for occupancy.

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5093496
Longitude
-122.6717968
425 Montgomery St, Portland, Oregon

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425 Montgomery St
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