$120,000
$30K Down
Multnomah County
Sq. Ft: 4970
OLCC: LOP
Lease: $8787 NNN
Lottery: Yes
Property: No
Picture yourself running a beloved Cajun seafood restaurant that’s become a true Portland community gathering place. This isn’t just any restaurant – it’s the spot locals rave about for incredible seafood boils, signature sauces, and that warm atmosphere that keeps families coming back week after week.
You’ll inherit a profitable operation spanning nearly 5,000 square feet with everything already in place. The spacious dining area welcomes families, while your separate bar area (adults only) creates the perfect spot for regulars to unwind. Your full kitchen features an impressive 20-foot hood system that handles everything from delicate seafood preparations to bold Cajun flavors.
Here’s what makes this opportunity special – you’re not just buying a restaurant and a bar; you’re gaining multiple revenue streams. Five Oregon Lottery machines generated approximately $90,000 net in 2025 and $82,000 through September 2026. That’s substantial additional income on top of your food and beverage sales.
Currently operating with a beer and wine license, you have the potential to upgrade to full liquor service. The current hours are 11:30 AM to 9:30 PM. Extending operating hours could increase Lottery play and beverage sales, creating additional revenue potential.
The current owner is only selling because they’re downsizing – not because of any business issues. They’ve built something special here with glowing customer reviews and a loyal following. They’re even offering extensive training to ensure you hit the ground running.
Your lease runs through July 2027 at $8,787.78 monthly plus NNN, with a five-year renewal option giving you long-term security. The $9,051.43 deposit is already in place.
Whether you continue the successful Cajun concept or adapt it to your vision, you’ll have an established customer base and proven revenue model. Imagine walking into a business where the systems work, customers keep coming, and you have room to grow.
This is your chance to own a profitable Portland restaurant with built-in community support and multiple income streams. The foundation is solid – now it just needs your personal touch.
The seller is committed to a smooth transition and will provide extensive, hands-on training to the new buyer, including preparation of the restaurant’s signature dishes, cooking techniques, and daily operations. This guidance will help the buyer confidently take over while maintaining the quality and consistency customers have come to enjoy.
All buyers will be required to sign an NDA, verify funds and credit.
The information provided has been obtained from sources we consider trustworthy; however, we do not make any guarantees, either expressed or implied, regarding their 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

