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

NEW


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 downtown Oregon City, kitty-corner from the transformative Clackamas County Main Street Courthouse redevelopment. This 2,031 SF building was comprehensively renovated within the past five years and rebuilt to near-new condition. Improvements include, but are not limited to, seismic upgrades, new HVAC, updated electrical, insulation, flooring, and custom handcrafted shelving. The building is currently owner-occupied by the profitable Black Ink Coffee & Tea and White Rabbit Books & Gifts businesses. The asking price includes both the real estate and the businesses, 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 downtown 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

$363 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Wheel Bar & Grill

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

0.05 AC

LAND SF

2,178 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.