The Cut Supper Club 456 N State St 7,500 SF Retail Building Lake Oswego, OR 97034 $2,950,000 ($393.33/SF) 8.11% Cap Rate

The Cut Supper Club occupies 100% of the building, which includes ground-floor retail space built out for bar and restaurant use, with a residential component featuring a two-bedroom apartment as well as a separate one-bedroom studio and a separate office.
Prime location near the heart of Downtown Lake Oswego, within walking distance of the area’s lively, pedestrian-friendly core. The property is surrounded by a strong mix of complementary tenants and attractions, including Millennium Plaza Park, Lake Theater & Café, and a variety of wellknown local restaurants, boutiques, and services, reinforcing consistent foot traffic and long-term demand.
Affluent surrounding demographics with strong consumer spending power, supported by approximately 36,317 households within a 3-mile radius and 110,843 households within 5 miles, generating an estimated $4.2 billion in consumer spending within 5 miles—underscoring the property’s exceptional location.