This established bar and restaurant represents a compelling investment opportunity in Portland's vibrant hospitality market. The business operates six days per week from 11:00 AM to 10:00 PM, serving an established local customer base through its comprehensive food and beverage offerings.
The 2,100 square foot facility features a fully equipped commercial kitchen with hood and fire suppression system, walk-in cooler, and ten beer taps. The establishment holds a full liquor OLCC license and maintains vintage back bar fixtures that enhance the authentic atmosphere. Entertainment amenities include four televisions, one projection big screen, and comprehensive surveillance system with eight cameras.
Revenue diversification includes significant lottery operations generating over $100,000 net annually, complemented by food and beverage sales. The business maintains modern operational infrastructure including POS system and owned ATM unit, ensuring efficient transaction processing.
The property component adds substantial value to this investment. Constructed in 2007 by the current owner, the building sits on a 12,129 square foot lot (0.28 acres) with fifteen off-street parking spaces, including ADA-compliant accessibility. The outdoor seating area expands customer capacity and revenue potential.
This turnkey operation combines established cash flow with real estate ownership, providing both immediate income and long-term asset appreciation potential. The business benefits from its strategic location in Portland's market, comprehensive licensing, and fully operational infrastructure.
Financial documentation and operational history available to qualified buyers under confidentiality agreement. The asking price reflects a recent $150,000 reduction, enhancing investment value for prospective purchasers. CONFIDENTIALITY AGREEMENT REQUIRED.
Ad#:2397146
