503 Main St - Storefront FOR SALE


Oregon City, OR 97045- McLoughlin
$725,000 USD
503-201-8537
503 Main St, Oregon City, OR for Sale
$725,000 USD
Storefront - FOR SALE
1/20
null | Request Cap Rate

503 Main St
Oregon City, OR 97045
McLoughlin


HIGHLIGHTS

  • Beautifully Renovated
  • Natural Light
  • Ideal Owner-User Building

OVERVIEW

Rare opportunity to acquire a fully remodeled retail property in the heart of historic downtown Oregon City, just several blocks from the transformative Clackamas County Main Street Courthouse redevelopment and across the street from the Tumwata Village development. This 2,031 SF building was comprehensively renovated in 2017 and rebuilt to near-new condition. Improvements include but are not limited to: seismic upgrades, new HVAC, new roof, new exterior siding, new electrical to panel, new plumbing to the street (including sewer and grease trap), new insulation/framing, flooring, and custom handcrafted shelving. The building is currently owner-occupied by the profitable White Rabbit Book Cafe - White Rabbit Gifts LLC and Black Ink Coffee LLC (currently being phased out). The asking price includes both the real estate and the business, providing a turnkey opportunity for a buyer to continue operating the existing concepts or pursue a new vision. Business inventory is excluded from the sale price. With a prime Main Street location, significant recent capital improvements, and direct exposure to the ongoing revitalization of downtown Oregon City, this property presents a unique owner-user or investment opportunity.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The White Rabbit Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,596 SF

ZONING

MUD

APN/PARCEL ID

00572650

ASK ABOUT THIS PROPERTY

Daniel SilveyKnipe RealtyMore Info
503-201-8537

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Daniel SilveyKnipe RealtyMore Info
503-201-8537

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