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$400,000 -$100,000 (-20%) Price Reduced

  • For Sale
  • Active
  • Business
  • Updated 11 hours ago
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BUSINESS OPPORTUNITY - No Real Estate involved. Well-established Korean BBQ restaurant offered as a turn-key business opportunity with strong, verifiable cash flow and significant hard-asset value included in the sale. Prime Portland SE Hawthrone location, established since 2004. The restaurant has 13 BBQ tables with custom made smokeless grills, seats about 65 (licensed for 130). The building comes with on-site parking and street parking. Currently opens for 6 days a week from 4 pm - 9 pm. New owner can maximize potential with lunch openings. Include in the sale a fully equipped kitchen. Show by appt only. Do not disturb business nor talk with employees. Buyer must sign NDA.

Full Property Details for 4615 SE Hawthorne Blvd

General

  • Price: $400,000
  • Status: Active
  • Type: Business
  • Source: RWMLS
  • MLS ID: 262373823
  • Updated: 2/25/2026
  • Added to Site: 58 day(s) ago

Parking

  • Parking Features: On Site, On Street

Location

  • County: Multnomah
  • Driving Directions: SE Hawthorne Blvd

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Heat Pump
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Stories/Levels: 1
  • Square Feet: 2,220
  • Current Bldg. Use: Food Service, Restaurant

Lot Features

  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Lease Price: $4,637
  • Terms: Cash

Disclosures and Reports

  • Property ID: Not Found

Listed by Oregon First (503) 646-5006, Fangfei Yang (971) 276-3405 and Oregon First (503) 646-5006, Jane Boyd (503) 805-3226

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Listing agents

— 4615 SE Hawthorne Blvd —

  • Fangfei Yang

    Oregon First

    503-646-5006

  • Jane Boyd

    Oregon First

    503-646-5006

fangfeiyangs@gmail.com

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4615 SE Hawthorne Blvd

School District:Portland School District 1j
NameGradesDistance
Glencoe Elementary School
825 Southeast 51st Avenue, Portland, OR 97215
K-50.4 mi
Mt Tabor Middle School
5800 Southeast Ash Street, Portland, OR 97215
6-80.8 mi
Franklin High School, Portland, OR
5405 Southeast Woodward Street, Portland, OR 97206
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4615 SE Hawthorne Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/23/2026
Price Reduced
$400,000
-20%
MLS
12/29/2025
Listed
$500,000
-58.33%
MLS
5/21/2021
Sold
$1,200,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4615 SE Hawthorne Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,751
4%
$473,240
3%
2024
$12,293
4%
$459,460
3%
2023
$11,821
4%
$446,080
6%
2021
$11,369
-2%
$420,480
-3%
2022
$11,564
2%
$433,090
6%
2021
$11,369
13%
$408,240
3%
2019
$10,046
3%
$396,350
3%
2018
$9,750
4%
$384,810
3%
2017
$9,345
13%
$373,610
3%
2016
$8,249
40%
$362,730
3%
2015
$5,911
-1%
$352,170
—
2014
$5,965
1%
$352,170
1%
2013
$5,927
—
$349,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4615 SE Hawthorne Blvd

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Listed by Oregon First (503) 646-5006, Fangfei Yang (971) 276-3405 and Oregon First (503) 646-5006, Jane Boyd (503) 805-3226

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4615 SE Hawthorne Blvd, Portland, OR 97215 (MLS# 262373823) is a Business property. 4615 SE Hawthorne Blvd is currently listed for $400,000 and was received on December 29, 2025. Want to learn more about 4615 SE Hawthorne Blvd? Do you have questions about finding other Business real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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