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116-120 NE Russell St
Portland, OR 97212

Secret Society Building · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Gorgeous Historic Wood-frame building in close-in Northeast Portland
  • Hybrid Owner-User/Investment Property
  • Rock-solid restaurant tenant for reliable revenue stream
  • Lovingly maintained, with value-add potential remaining

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,168 SF
Building Class
C
Year Built/Renovated
1907/2007
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.17 AC
Zoning
CM2
Parking
1 Space
Frontage
80 FT on NE Russell

AMENITIES

  • Bus Line
  • Signage

ABOUT 116-120 NE RUSSELL ST , PORTLAND, OR 97212

Built in 1907, this stunning 7,319* SF building on a 7,600 SF lot in the heart of N/NE Portland is chock full of history. Anchored on the ground floor by John & Renée Gorham’s renowned restaurant Toro Bravo, the building also houses Studio Datura, a belly dancing studio and event space. This lovingly restored property offers a diverse mix of uses including a nationally renowned restaurant and beautiful 210-occupant event venue, along with a 2,170 SF fully outfitted recording studio or creative office which can be owner-occupied or leased to fortify revenue. Built in 1907, fully renovated 2004-2007. Small off-street parking and loading area. Zoned CM2 | Wood frame | Composite shingle

PROPERTY TAXES

  • Listing ID: 13822795

  • Date on Market: 9/18/2018

  • Last Updated:

  • Address: 116-120 NE Russell St, Portland, OR 97212