Portland · Commercial sale
Daily Planet buys 11312 SE Powell Blvd in Portland for $1.32 million
A restaurant at 11312 SE Powell Blvd, Portland sold for $1,325,000 on September 28, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,325,000
- Sold
- September 28, 2026
- Property type
- Restaurant
- Building area
- 3,750 sq ft
- Price per sq ft
- $353
- Year built
- 1975
A restaurant at 11312 SE Powell Blvd sold for $1,325,000 on September 28, 2026. The sale appears in the Multnomah County Assessor's sales records.
The record lists Daily Planet LLC as the buyer. The deed covers 2 parcels. 11312 SE Powell Blvd is the largest one we could identify.
The Assessor's records show 3,750 square feet of building area, a build year of 1975 and a 0.51-acre lot. The price works out to $353 per square foot. The market value on record is $1,209,430.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Multnomah County?
By our estimate, the seller's two largest charges, not counting prorations, were $3,585 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Multnomah County custom.
How much did the seller net?
By our estimate, the seller netted about $1,317,765. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $1,322,806 at closing. That covers the full price and closing costs.
Source: Multnomah County Assessor, via PortlandMaps taxlots, document R254523-20260928. Property details: Multnomah County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
