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Listed by Realty First • 503-810-8949
$ 850,000
Est. payment /mo
New
1606 NE 223RD AVE Fairview, OR 97024
1,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $708
MLS Listing ID 298778284
Year Built 1979
Annual Tax Amount $2,431
Tax Year 2025
Lot Size 10,454 Sqft
Property Sub-Type Commercial
Property Description
Rare opportunity to acquire both the real estate and an operating deli business in a highly visible Fairview location in NE 223rd Avenue and Arata Road. This offering includes a freestanding neighborhood deli/casual-food operation serving deli sandwiches, Korean food offerings, beverages, and video lottery entertainment. Fairview Deli benefits from multiple customer traffic sources, including meal purchases, convenience visits, customers, and lottery patrons. Four Oregon Lottery video lottery terminals are currently operating on site, supported by the existing operator's Oregon Lottery retailer contract and OLCC on-premises liquor license. Important: Oregon Lottery retailer approval and the OLCC liquor license do not automatically transfer with the sale. Buyer must independently apply for and qualify with the Oregon Lottery and OLCC. Continued video lottery and liquor operations are subject to buyer approval by the applicable agencies.Excellent owner-user, investor, or redevelopment opportunity in a growing East Multnomah County market. The adjacent property, RMLS #R320954-MLS#: 663676717 , is also offered for sale, creating a unique opportunity for a buyer to acquire both neighboring properties for expanded operations, investment, redevelopment, additional parking, or future commercial use, subject to applicable zoning and governmental approvals. Business, real estate, fixtures, equipment, and otheAlso adjecent property R320954 is for saler included assets are subject to the terms of the offering.
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, NoFinancing
Listing Terms CallListingAgent, Cash, NoFinancing
