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.*