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Vacant-User

Teote House Cafe

1615 SE 12th Ave, Portland, OR 97214

Listing Price: $1,050,000

Cap Rate
6.05%
Rentable SF
1,815
Lot Size
0.07 acres
Year Built
1885

Investment Overview

Teote House Cafe is a colorful and lively restaurant located in Southeast Portland one block off of Hawthorne Boulevard. The subject property has a cover outdoor patio space featuring a fire pit, second bar, and extra seating. Hawthorne Boulevard is a tourist destination because of the vintage shops, delicious food/bars, and unique activities. The Portland Bureau of Transportation is currently working on a project to repave and change lane configurations to make it safer for pedestrians.

Investment Highlights

  • Single-Tenant Two-Story Building Located in Southeast Portland
  • Strong Location One Block Off Hawthorne Boulevard
  • Popular Retailers Neighboring in Close Proximity
  • Owner/User Opportunity
  • 6-Minute Drive to Downtown Portland
  • Sidewalk Table Seating

Exclusively Listed By

Financing By

  • Tammy Linden

    Vice President Capital Markets

    Direct:

    Email Tammy

    Seattle, WA

Listing Price: $1,050,000

Cap Rate
6.05%
Rentable SF
1,815
Lot Size
0.07 acres
Year Built
1885

Investment Highlights

  • Single-Tenant Two-Story Building Located in Southeast Portland
  • Strong Location One Block Off Hawthorne Boulevard
  • Popular Retailers Neighboring in Close Proximity
  • Owner/User Opportunity
  • 6-Minute Drive to Downtown Portland
  • Sidewalk Table Seating

Investment Overview

Teote House Cafe is a colorful and lively restaurant located in Southeast Portland one block off of Hawthorne Boulevard. The subject property has a cover outdoor patio space featuring a fire pit, second bar, and extra seating. Hawthorne Boulevard is a tourist destination because of the vintage shops, delicious food/bars, and unique activities. The Portland Bureau of Transportation is currently working on a project to repave and change lane configurations to make it safer for pedestrians.

Exclusively Listed By

Financing By

  • Tammy Linden

    Vice President Capital Markets

    Direct:

    Email Tammy

    Seattle, WA

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