Downtown Milwaukie Investment Retail FOR SALE


Milwaukie, OR - Historic Milwaukie | 
$2,475,000 USD
541-383-5162
, Milwaukie, OR for Sale
$2,475,000 USD
Retail - FOR SALE
1/9
null | 6.37% Cap Rate

Downtown Milwaukie Investment
Milwaukie, OR
Historic Milwaukie


HIGHLIGHTS

  • FULLY LEASED ASSET: 100% occupied across retail, office and storage spaces
  • DIVERSIFIED INCOME: Retail, office and storage uses create multiple income streams
  • HISTORIC CHARACTER: 1909 Main Street building renovated in 2008 with retained brick details
  • FLEXIBLE OFFICE MIX: Six second-floor office suites share a bright reception and lounge area
  • MIXED-USE ZONING: Zoning supports a broad range of downtown commercial uses
  • BASEMENT STORAGE: Nine numbered storage units provide additional income-producing space

OVERVIEW

Fully leased, income-producing mixed-use investment comprising 8,485 SF across two connected buildings on a 0.30-acre corner site in Downtown Milwaukie. The property includes approximately 4,900 SF of ground-floor retail, 1,685 SF of second-floor office, and 1,900 SF of basement storage. Three retail tenants, six office tenants, and nine storage units provide diversified income across multiple space types. Retail tenants are on NNN leases, while office and storage occupants are on gross leases. The property is 100% leased and features Downtown Mixed-Use (DMU) zoning, on-street parking, Main and Monroe frontage, and a walkable downtown setting. The 6,085 SF Main Street building was built in 1909 and renovated in 2008, while the 2,400 SF Monroe Street building was built in 1981.

ASK ABOUT THIS PROPERTY

Matt SichelCompass Commercial Real Estate ServicesMore Info
541-383-5162

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Matt SichelCompass Commercial Real Estate ServicesMore Info
541-383-5162

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