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Listed by Realty First • 503-810-8949
$1,200,000
Est. payment /mo
2,800 SqFt
Active
1610 NE 223RD AVE Fairview, OR 97024
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $428
MLS Listing ID 663676717
Year Built 1955
Annual Tax Amount $4,022
Tax Year 2025
Lot Size 5,662 Sqft
Property Sub-Type Commercial
Property Description
((( BUILDING IS FOR SALE ONLY, NO GROCERY BUSINESS INCLUDED )))Popular locally owned grocery chain store occupied, freestanding neighborhood retail property operated in Fairview, Oregon. The approximately 2,800-square-foot masonry building has reportedly served the community as a grocery and convenience-store location for more than 30 years, creating durable customer familiarity and a proven daily-needs retail identity. The offering combines a manageable format, prominent street exposure, a freestanding pylon sign, approximately 10 parking spaces, in-place contract rent, and a below-comparable real estate basis. The executed lease runs through June 30, 2028 and includes one five-year renewal option at fair market value. The sale is subject to the current business owner's contractual right of first refusal. ALSO The adjecent Deli/ Video Poker Business and Building (R320955)- MLS#: 298778284 is for sale.
Location
State OR
County Multnomah
Area _144
Zoning comm
Interior
Heating Forced Air
Cooling Central Air
Exterior
Roof Type Flat
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing CallListingAgent, Cash, Contract, Conventional
Listing Terms CallListingAgent, Cash, Contract, Conventional
Nearby Locations
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