A prominent but long-vacant corner of the otherwise bustling Northwest 23rd Avenue has been sold, and its new owners announced plans Thursday to bring new life to the site.

C.E. John Co., a Vancouver company that owns sites across the Alphabet District and shopping centers throughout the metro area, said it bought the former Shogun’s Gallery and Quality Pie buildings on the southwest corner of Northwest 23rd Avenue and Northrup Street.

Quality Pie, a landmark 24-hour restaurant popular with 1980s punk rockers and club crowds, closed in 1992 after 58 years. The corner has been vacant ever since.

Shogun’s Gallery, an antiques gallery, occupied the adjacent building from 1988 to 2017.

The company said it plans to renovate the existing single-story buildings for retail tenants, anchored by the former Quality Pie corner storefront.

Mark Osborne, C.E. John vice president for leasing, declined to say how much the company paid for the site. The sale, which closed recently, hasn’t yet been recorded in county records. County tax assessors put the parcels' market values at a combined $5.8 million.

The site is along the Portland Streetcar route and across from the Legacy Good Samaritan Medical Center campus.

The company recently redeveloped the longtime site of Besaw’s Restaurant at Northwest 23rd Avenue and Savier Street as an apartment building. The restaurant, meanwhile, reopened at another of the company’s recent development projects, the LL Hawkins building at Northwest 21st Avenue and Raleigh Street.

-- Elliot Njus

enjus@oregonian.com; 503-294-5034; @enjus

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