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Listed by Realty First • 503-810-8949
$ 1,050,000
Est. payment /mo
Price Dropped by $150K
1610 NE 223RD AVE Fairview, OR 97024
2,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $375
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
((( Huge Price Adjustment - 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
