Wanted: experienced restaurateur/promoter!
Restaurant / café with large commercial kitchen, a theater space, outdoor patio and courtyard, at Milepost 5: a campus-like community of artists, on a main arterial in NE Portland.
850 NE 81st (main entrance on NE Oregon St.) across street from Montavilla Park. Approx. 4,771 sq. ft., including indoor performance space, dining area, and kitchen.
100% turnkey option including all furniture, equipment, liquor license, signage, web presence (web site, Facebook page, Twitter page, Yelp), some established staff and customer base.
Performance venue seats 120+, dining area seats 100+, very large, well equipped kitchen currently accommodates main tenant plus subleases to several smaller kitchen tenants (catering & other food prep). Signage includes marquee with changeable lettering located on 82nd avenue, visible to tens of thousands of passing vehicles daily. Restaurant space includes 400+ sf outdoor patio.
Background: Milepost 5 is an intentional community designed to provide affordable live/work, work, and commercial space to individuals and small businesses engaged in creative pursuits. Located in the Montavilla neighborhood of Portland, Oregon, Milepost 5 is the largest community of its kind in the Northwest. Having opened phase one (The Lofts) in 2009 and phase two (The Studios) in 2010, Milepost 5 is currently occupied at 100% capacity: 173 live/work and work spaces (with a mix of owners and renters), three art galleries showing more than 20 exhibits per year, indoor and outdoor meeting- performance- and community- spaces, two community gardens, and a community shop space. Tenants include an art supply store (Muse Art + Design), writing lab (Crow Arts Manor), theater troupe (Post 5 Theater), arts / crafts shops (Handmade Local Market, The Stone Muse), massage practitioners, tenant galleries, and more. Milepost 5‘s arts and events programming includes a dedicated Creative Director position to coordinate and promote the curriculum.
Milepost 5 is looking for a creative and energetic promoter, as well as a strong operator. Affordable terms and flexibility for the right candidate. Incredible potential.
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