VALUATION

BENEVOLENT ASSOCIATION BLDG

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LIST PRICE $1,955,000

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TOTAL ANNUAL INCOME: $73,920

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THE SUBJECT PROPERTY SITS IN PORTLAND’S NIGHTLIFE DISTRICT

+ IS HOME TO SHAKE BAR NIGHTCLUB WITH $5M ANNUAL REVENUE

BENEVOLENT ASSOCIATION BLDG | PORTLAND, OR THE DETAILS

9,500 SF BUILDING | 4,750 SF LAND

Area Data

OLD TOWN CHINATOWN IS PORTLAND’S NIGHTLIFE DISTRICT, AND IT BOASTS THE DENSEST CONCENTRATION OF DANCE CLUBS. 10 DANCE VENUES WITHIN THE 10 CITY BLOCKS.

AVERAGE VISITS*

ANNUAL: 446,271

MONTHLY: 37,189

WEEKLY: 9,297

DAILY: 1,328

Shake Bar

Shake Bar is Portland’s Hottest dance club in Chinatown! It’s affordable luxury in a prime party location. Energetic, neon-hued nightclub with a variety of DJs, dancing, bottle service & a full bar.

LOCATION

1 FOUNDED

2017

PRIVATELY OWNED

HEADQUARTERS $5M+

REVENUE EMPLOYEES

PORTLAND, OR

3,776+ VPD W GLISAN

21,423+ VPD W BURNSIDE

BURNSIDE BRIDGE

5 Mile Radius

5 YR PROJECTED POPULATION GROWTH: 2.941%

TRADE AREA: 78.5 SQUARE MILES

HOUSEHOLDS WORKDAY POPULATION HH INCOME

3 Mile Radius

5 YR PROJECTED POPULATION GROWTH: 4.805%

TRADE AREA: 28.3 SQUARE MILES

347,397 $131.7K

HOUSEHOLDS WORKDAY POPULATION HH INCOME

1 MILE RADIUS

5 YR PROJECTED POPULATION GROWTH: 8.225%

TRADE AREA: 3.1 SQUARE MILES

140,047

HOUSEHOLDS WORKDAY POPULATION

ABOUT PORTLAND, OR

Portland, the largest city in Oregon, is an attractive location for businesses seeking to expand. Nestled between the picturesque Columbia and Willamette rivers, with majestic Mount Hood in the background, Portland boasts a thriving economy with strengths in industries such as athletics & outdoor, technology, manufacturing, and green city services and technologies. Its efficient transportation options include nationally ranked PDX airport, light rail, and bike/walk alternatives, making it easy for businesses to connect with the rest of the city. With projections for employed population and median household income growth being 1.64% and 3.03%, respectively, Portland is ranked number 17 on Forbes’ list of America’s Fastest-Growing Cities in 2018. Portland is known for its green spaces, eco-friendliness, microbreweries and coffeehouses, cultural amenities, year-round recreational access, and opportunities for growth. The booming growth has allowed for a significant uptick of construction, both commercial and residential, within Multnomah County.

Old Town Chinatown is the city’s oldest neighborhood, and is filled with surprises. From authentic Chinese restaurants, tea houses, and a cityblock-sized traditional garden, Portland’s original downtown is a bustling entertainment district and street-wear shopping hub. Read on for our favorite things to do and see in Portland’s historic Old Town Chinatown.

21,423+