Cozy Oregon Lottery Cocktail Bar

$100,000

$25K Down
Multnomah County

Sq. Ft: 2230
Lease: $4500
OLCC: FOP
Lottery: Yes
Property: No

A popular neighborhood gathering spot, this well-known Portland bar and grill is recognized for its chicken wings, Asian fusion dishes, and American fare. Its casual, welcoming atmosphere has helped build a well-established clientele.

Situated on a busy, high-traffic corner along East Burnside in Portland’s North Tabor neighborhood, this freestanding 2,230-square-foot building features a large freestanding sign for excellent visibility and exposure. Surrounding residential neighborhoods, nearby dining, and local businesses provide opportunities to attract both neighborhood patrons and passing customers.

The establishment features a full kitchen with a hood system, outdoor patio seating, and a fenced outdoor area. It operates with a full on-premises liquor license, and no minors are permitted. Five Oregon Lottery machines generated an approximate Lottery net of $64,000 in 2025 and $32,000 through August 2026. There is also an opportunity to add a sixth Lottery machine, subject to Oregon Lottery approval.

The current owner has operated the business for nine years and is selling to focus on another business venture. A full-time staff includes a head manager capable of overseeing the entire establishment, allowing the owner to operate off premises. The seller and head manager will provide training to support a smooth, seamless takeover and the buyer’s continued success.

Current operating hours are 4 PM to midnight, seven days a week, leaving significant room for growth. Opening earlier and introducing breakfast or lunch could attract a daytime clientele, extend Lottery play, and increase food and beverage sales. Extending evening hours could also attract a later-night crowd and create additional opportunities for Lottery play and nighttime revenue.

The current lease is $5,000 per month with a 3% annual increase and a $5,500 lease deposit. The landlord will provide a new long-term lease for a qualified buyer. The ATM, POS system, and all other equipment used in daily operations are owned, except for the leased dishwasher.

Bring your vision to this established neighborhood favorite. With experienced staff, Lottery machines, a full kitchen, outdoor seating, prominent corner visibility, and multiple avenues for growth, this location offers an exciting opportunity to build on its existing foundation and make it your own.

 

All buyers will be required to sign an NDA, verify funds and credit.
No Broker Inquiries please.

The information provided has been obtained from sources we consider trustworthy; however, we do not make any guarantees, either expressed or implied, regarding its accuracy. Mentions of square footage, age, or other approximations should be independently verified by the user, who assumes all responsibility for any inaccuracies.

No representation or warranties are being made as to the completeness or accuracy of any information. All buyers will be asked to verify liquid funds before receiving financial information on business. No SBA financing. Please do not contact seller, patrons or employees. Download Confidentiality Agreement