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30974152
30974156

5824-5846 Ne Sandy Blvd, Portland, OR 97213

DS
OR OR 201212599, OR 201212599
Ethos Commercial Advisors
Listed by Ethos Commercial Advisors
$1,395,000
81 days on market
Updated 71 days ago

5824-5846 Ne Sandy Blvd

Details
Property Type Retail
Sub Type Restaurant, Commercial
Square Footage 6,400
Tenancy Multi
Year Built 1940
Year Renovated 2025
Lot Size (SqFt) 9,670
Zoning CM2
Investment Type Owner/User

Two Tenant Restaurant Building - One side available for owner-user

Marketing description

This exceptional 6,400 sf two-tenant restaurant building occupies a highly visible position on NE Sandy boulevard adjacent to Portland's desirable alameda neighborhood. Originally constructed in 1940, the building has undergone comprehensive renovations, bringing it to modern standards while preserving its established character.

The property sits on two lots totaling 9,670 sf, with a dedicated surface lot providing convenient on-site parking, a premium asset on Sandy Blvd. The building is currently home to two restaurant tenants: Thai Seasons, which occupies approximately 1,800 sf under a commercial double-net lease through March 2028, and a fully built-out corner +/-4,600 sf restaurant space available for an owner-user. That space features a 20' type 1 commercial hood, walk-in coolers, a fully built-out bar, and a separate corner space adaptable for production, brewery, or private events. It is available and ready for immediate occupancy with no TI required. In addition, the building features all new upgraded HVAC units in 2025.

Located directly on ne sandy boulevard with 115' of frontage and 11,000 vehicles per day, this prime position delivers exceptional street visibility and signage opportunities. The surrounding alameda corridor is one of Portland's most sought-after neighborhoods, characterized by strong residential density, high household incomes, and consistent pedestrian traffic.

Please do not disturb existing tenant.

Investment highlights

  • Turnkey corner
  • owner-user restaurant space
  • Income from existing tenant
  • Two lots totaling 9,670 SF with dedicated surface parking
  • CM2 zoning with strong long-term development value
  • Established neighborhood with excellent demographics
  • 20' Type 1 Commercial Hood
  • Lottery Capability
  • Grease Interceptor
  • Separate Corner Event /Production Space
  • Walk-In Coolers
  • All FF&E Included
  • Fully Built-Out Bar
  • Outdoor/Patio Potential

Listing Contacts

DS
OR OR 201212599, OR 201212599
Ethos Commercial Advisors
Listed by Ethos Commercial Advisors

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Additional Information

Name
Dana Solof
License
OR 201212599
Brokerage
Ethos Commercial Advisors
Brokerage Phone
(503) 205-0610
Title
Managing Director, Partner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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