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$1,200,000 Just Listed

  • For Sale
  • Active
  • Commercial Service
  • Updated 1 day ago
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Asking price includes building & business. Inventory is separate from asking price. NDA needs to be signed for financials of the teriyaki restaurant. Owner operates a teriyaki restaurant & video poker machine. Good video poker business. Closed on the weekends & closed early weekdays at 7:00pm. Can extend the business hours. Building can be improved with some updates. Huge kitchen. SF of building includes 588 SF of basement. Zoning is CEdh (MU-C), please confirm with City. Excellent location for any kind of restaurant. Ample parking.

Full Property Details for 7332 NE M L King Blvd

General

  • Price: $1,200,000
  • Taxes: $7,435 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: RWMLS
  • MLS ID: 184592723
  • Updated: 9/11/2026
  • Added to Site: 2 day(s) ago

Parking

  • Total Spaces: 30
  • Parking Features: On Street

Location

  • County: Multnomah
  • Driving Directions: South of Lombard

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Construction: Wood Siding
  • Roof: Flat
  • Stories/Levels: 1
  • Square Feet: 2,950
  • Current Bldg. Use: Restaurant
  • Year Built: 1958
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $7,435.45
  • Tax Year: 2025
  • Terms: Cash, Other

Disclosures and Reports

  • Documents Avail.: Tax Information
  • Legal Description: EL TOVAR, BLOCK 12, LOT 1-6
  • Property ID: R155380

Listed by RE/MAX Equity Group (503) 653-0607, Jessica Hur (503) 502-2525

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Listing agent

— 7332 NE M L King Blvd —

  • Jessica Hur

    RE/MAX Equity Group

    503-653-0607

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NMLS#: 1598647

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Schools serving 7332 NE M L King Blvd

School District:Portland School District 1j
NameGradesDistance
Woodlawn Elementary School
7200 Northeast 11th Avenue, Portland, OR 97211
PK-50.4 mi
Ockley Green
6031 North Montana Avenue, Portland, OR 97217
6-81.2 mi
Jefferson High School, Portland, OR
5210 North Kerby Avenue, Portland, OR 97217
9-121.1 mi
Roosevelt High School, Portland, OR
6941 North Central Street, Portland, OR 97203
9-123.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7332 NE M L King Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2026
Listed
$1,200,000
380%
MLS
6/02/2005
Sold
$250,000
—
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 7332 NE M L King Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,435
4%
$275,950
3%
2024
$7,168
4%
$267,920
3%
2023
$6,893
4%
$260,120
6%
2021
$6,630
-2%
$245,200
-3%
2022
$6,744
2%
$252,550
6%
2021
$6,630
13%
$238,060
3%
2019
$5,858
3%
$231,130
3%
2018
$5,686
4%
$224,400
3%
2017
$5,450
9%
$217,870
3%
2016
$4,987
3%
$211,530
3%
2015
$4,856
2%
$205,370
3%
2014
$4,783
2%
$199,390
3%
2013
$4,672
—
$193,590
—
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.

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Listed by RE/MAX Equity Group (503) 653-0607, Jessica Hur (503) 502-2525

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7332 NE M L King Blvd, Portland, OR 97211 (MLS# 184592723) is a Commercial Service property. 7332 NE M L King Blvd is currently listed for $1,200,000 and was received on September 11, 2026. Want to learn more about 7332 NE M L King Blvd? Do you have questions about finding other Commercial Service real estate for sale in Portland International Airport? You can browse all Portland International Airport real estate or contact a Coldwell Banker agent to request more information.

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