7332 NE M L KING BLVD Portland, OR $ 1,200,000
7332 NE M L KING BLVD
$ 1,200,000
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7332 NE M L KING BLVD

Portland, OR, 97211
$ 1,200,000
Bedrooms-- Baths-- Sq 2,950

Monthly Estimate*

$ 7,577

7332 NE M L KING BLVD, Portland, OR 97211 - Image 1
7332 NE M L KING BLVD, Portland, OR 97211 - Image 2
7332 NE M L KING BLVD, Portland, OR 97211 - Image 3
7332 NE M L KING BLVD, Portland, OR 97211 - Image 4
7332 NE M L KING BLVD, Portland, OR 97211 - Image 5
7332 NE M L KING BLVD, Portland, OR 97211 - Image 6

Commercial Property for sale in Portland, OR

for $1,200,000. This 2,950 square foot building was built in 1958 on a lot size of 0.34.

Asking price includes building & business. Inventory is separate from asking price. NDA needs to be signed for financials of the teriyaki restaurant. Owner operates a teriyaki restaurant & video poker machine. Good video poker business. Closed on the weekends & closed early weekdays at 7:00pm. Can extend the business hours. Building can be improved with some updates. Huge kitchen. SF of building includes 588 SF of basement. Zoning is CEdh (MU-C), please confirm with City. Excellent location for any kind of restaurant. Ample parking.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 7,435

Style

Commercial

Lot Size

0.34

Year Built

1958

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

184592723

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Flat
Zoning MU-C
Construction Materials WoodSiding
Year Built 1958
Sale Includes Building Business Land
Stories Count 1
Property Subtype Commercial
Tax Year 2025
Current Use Restaurant
Parcel Number R155380
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions South of Lombard
City Portland
MLS Area _142
Lot Size Square Feet 14810.0
Listing Terms Cash Other
Tax Annual Amount 7435.45
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EL TOVAR BLOCK 12 LOT 1-6
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Exterior
Parking Features OnStreet
Water Source PublicWater
Total Parking 30.0
Number of Buildings 1
Building Area Total 2950.0
Lot Size Acres 0.34
Road Surface Type Paved
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Internal Only
Street Number 1 7332
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* Excluded Features
List By
Re/Max Equity Group

Broker

jessica@jessicahur.com

Email

Affordability Calculator

$8,197
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
$620
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2026$1,200,000 Listed Price

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7332 NE M L KING BLVD, Portland, OR, 97211 is a Commercial Property for sale at $1,200,000 with 2,950 sqft and a lot size of 0.34. 7332 NE M L KING BLVD was built in 1958. The property's zip code is 97211 which is in Portland, OR