456 N State St - Bar FOR SALE


Lake Oswego, OR 97034- Evergreen
$2,950,000 USD
503-720-0684
456 N State St, Lake Oswego, OR for Sale
$2,950,000 USD
Bar - FOR SALE
1/8
null | 8.11% Cap Rate

456 N State St
Lake Oswego, OR 97034
Evergreen


OVERVIEW

The Gemini occupies 100% of the building, which includes ground-floor retail space built out for bar and restaurant use, with a residential component featuring a two-bedroom apartment as well as a separate one-bedroom studio and a separate office. Prime location near the heart of Downtown Lake Oswego, within walking distance of the area’s lively, pedestrian-friendly core. The property is surrounded by a strong mix of complementary tenants and attractions, including Millennium Plaza Park, Lake Theater & Café, and a variety of wellknown local restaurants, boutiques, and services, reinforcing consistent foot traffic and long-term demand. Affluent surrounding demographics with strong consumer spending power, supported by approximately 36,317 households within a 3-mile radius and 110,843 households within 5 miles, generating an estimated $4.2 billion in consumer spending within 5 miles—underscoring the property’s exceptional location.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$393 USD /SF

CAP RATE

8.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gemini Bar and Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

CM4L, Lake Oswego

APN/PARCEL ID

00198477

ASK ABOUT THIS PROPERTY

Brad MacomberCommercial Integrity NWMore Info
503-720-0684

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Brad MacomberCommercial Integrity NWMore Info
503-720-0684

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.