18893 SE Mcloughlin Blvd - Freestanding FOR SALE


Portland, OR 97267
$575,000 USD
503-314-1099
18893 SE Mcloughlin Blvd, Portland, OR for Sale
$575,000 USD
Freestanding - FOR SALE
1/16
null | 9.28% Cap Rate

18893 SE Mcloughlin Blvd
Portland, OR 97267


HIGHLIGHTS

  • Heavy vehicle traffic with large visible signage
  • Business can be included in sale
  • Zero down SBA financing available for owner users

OVERVIEW

The McLoughlin Deli Market at 18893 SE McLoughlin Blvd offers owner users as well as investors the opportunity to purchase, fee simple, the freestanding 3,182 SF retail/restaurant building on a 5,809 SF lot with six parking spots, 70’ of frontage and two large signs on McLoughlin Blvd in Milwaukie, one of the Portland area’s busiest retail thorofares. Priced at $575,000 with zero down SBA debt available for owner users and a proforma cap rate of 9.28% when leased at $18/SF NNN, this property priovides an excellent opportunity for a variety of investors to generate significant cash flow. Built in 1963, the property includes floor-to-ceiling windows and heavy 3-phase power. The General Commercial (C-3) zoning allows for versatile retail uses. The Wurst Market, an active butcher shop business that utilizes the two large built-in smokers and five walk-in refrigerators and walk-in freezer, may be included in the sale. Conversely, the space can easily be converted into a restaurant, market, or other service business. Don't miss the chance to own this high-potential property in Clackamas County! *Disclosure: Information deemed reliable but not guaranteed. Contact Capacity Commercial Group for details.*

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

9.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

McLoughlin Deli Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C3

APN/PARCEL ID

00520831

ASK ABOUT THIS PROPERTY

Jason VanAbramsCapacity Commercial Group LLCMore Info
503-314-1099

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Jason VanAbramsCapacity Commercial Group LLCMore Info
503-314-1099

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