1606 NE 223rd Ave - Freestanding FOR SALE


Fairview, OR 97024
$850,000 USD
503-810-8949
1606 NE 223rd Ave, Fairview, OR for Sale
$850,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

Dec '26


1606 NE 223rd Ave
Fairview, OR 97024


HIGHLIGHTS

  • Free Standing Deli & Video Poker Business with 4 Video Poker machines
  • Easy and turn key operations
  • Great exposures and excellent parkings and access

OVERVIEW

Rare Freestanding Retail Building with Operating Deli & Oregon Video Lottery Business Rare opportunity to acquire a freestanding commercial building together with an operating deli and Oregon Video Lottery business at 1606 NE 223rd Avenue in Fairview, Oregon. The approximately 1,200-square-foot building is situated on a 0.24-acre corner parcel near the intersection of NE Halsey Street and NE 223rd Avenue. The property offers excellent visibility, prominent signage, convenient customer access, on-site parking and an outdoor storage structure. The operating business is a fully equipped deli featuring prepared food, sandwiches, Korean-inspired menu items and Oregon Video Lottery. The sale includes the business name, furniture, fixtures and equipment. The current operation reportedly includes three Oregon Video Lottery terminals, central air conditioning, forced-air heating and an outdoor storage shed for inventory and supplies. The business is currently operating with limited hours, creating potential upside through expanded morning and evening hours, delivery service, online ordering, catering, additional menu offerings and stronger local marketing. The property’s Town Center Commercial zoning supports a broad range of restaurant, food-service, retail, personal-service, entertainment, office and mixed-use concepts, subject to applicable City of Fairview approvals.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$708 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C4

APN/PARCEL ID

R320955

ASK ABOUT THIS PROPERTY

Sam KimRealty FirstMore Info
503-810-8949

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Sam KimRealty FirstMore Info
503-810-8949

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