Portland · Commercial sale

BTC Real Estate Investment buys 617 NE 102nd Ave in Portland for $1.22 million

A restaurant at 617 NE 102nd Ave, Portland sold for $1,215,000 on September 16, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 617 NE 102nd Ave, Portland with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Multnomah County Assessor. The photo can predate the sale.
Sale price
$1,215,000
Sold
September 16, 2026
Property type
Restaurant
Building area
2,914 sq ft
Price per sq ft
$417
Year built
1972

The restaurant sold for $1,215,000 on September 16, 2026. That was 70% above its recorded market value of $716,510, according to the Multnomah County Assessor's sales records.

The deed covers 2 parcels. 617 NE 102nd Ave is the largest one we could identify. The record lists BTC Real Estate Investment LLC as the buyer.

Assessor's records show 2,914 square feet of building area, a build year of 1972 and an 8,962-square-foot lot. The price works out to $417 per square foot.

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 $3,387 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 $1,208,566. 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 $1,213,409 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

617 NE 102nd Ave, Portland, OR.

Source: Multnomah County Assessor, via PortlandMaps taxlots, document R244856-20260916. 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.

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