11056 SE Main St Retail FOR SALE


Milwaukie, OR - Historic Milwaukie
$1,999,000 USD
503-890-6527
, Milwaukie, OR for Sale
$1,999,000 USD
Retail - FOR SALE
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11056 SE Main St
Milwaukie, OR
Historic Milwaukie


HIGHLIGHTS

  • Rare portfolio offering includes three contiguous parcels
  • 11020 SE Main St is occupied by the Golden Nugget Bar, a neighborhood institution with a long-standing reputation and consistent customer base.
  • 11056 SE Main St includes Libbie’s Restaurant, boasting a complete commercial kitchen and equipment for continued operations
  • 11070 SE Main St consists of a 20 to 25 space surface parking lot that offers current cash flow potential through parking revenue
  • The combined properties deliver multiple streams of income, a proven operating history, and immediate value-add opportunities
  • Located just two blocks from the river in Milwaukie’s central district

OVERVIEW

Rare portfolio opportunity comprising three contiguous parcels on SE Main St, offered together for the first time after 14 years of continuous owner-operation. 11020 SE Main St is home to the Golden Nugget Bar, a well-established neighborhood tavern with a loyal following and turn-key operations. 11056 SE Main St features Libbie's Restaurant, a fully functional and fully equipped dining establishment, along with six rent-producing residential units currently held below market rate, offering immediate upside potential. 11070 SE Main St adds a 20 to 25 space surface parking lot suitable for continued parking revenue, lease to area businesses, or future redevelopment. Combined, these parcels deliver multiple income streams, a proven operating history, and significant value-add potential, all just two blocks from the river. Well suited for investors and owner-operators alike.

ASK ABOUT THIS PROPERTY

Chris SuarezPDX Property GroupMore Info
503-890-6527

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Chris SuarezPDX Property GroupMore Info
503-890-6527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.