-Inner SE Portland at one of the main streets – a great restaurant row, neighborhood favorite spot
-Long history of successful Italian Dinner house service since 2000. We believe that this is a strong lunch service area and that this would be an additional opportunity. There is a wide range of restaurant concepts that could work well in this facility and location. Presently the facility has a Full-On-Premises OLCC license
Stylish facility. Open room that contains both bar & dining room. The kitchen package and design are complete with key line items newly replaced.
-The dining room is very attractive and the bar is well equipped. The setting is warm and conducive to repeat clientele with the ability to seat 65+ plus sidewalk seating. The total square footage is approximately 2,400.
-Additionally there is an open street block closed to traffic and dedicated to the neighborhood and dining/events. The lease rate to be $3,200/mo. ($25/sq ft), plus NNN costs of approx. $0.
-Past annual revenues have been up to approx $1.1mm (dinner only).
-A skilled owner-operator, devoting full hands-on attention to the business, with either this concept or their own, would be able to thrive here. There is capacity for higher volume including opening for breakfast/lunch service.