Courtesy: Realty First
503-343-5825
Rare opportunity to acquire both the real estate and an operating deli business in a highly visible Fairview location in NE 223rd Avenue and Arata Road. This offering includes a freestanding neighborhood deli/casual-food operation serving deli sandwiches, Korean food offerings, beverages, and video lottery entertainment. Fairview Deli benefits from multiple customer traffic sources, including meal purchases, convenience visits, customers, and lottery patrons. Four Oregon Lottery video lottery terminals are currently operating on site, supported by the existing operator’s Oregon Lottery retailer contract and OLCC on-premises liquor license. Important: Oregon Lottery retailer approval and the OLCC liquor license do not automatically transfer with the sale. Buyer must independently apply for and qualify with the Oregon Lottery and OLCC. Continued video lottery and liquor operations are subject to buyer approval by the applicable agencies.Excellent owner-user, investor, or redevelopment opportunity in a growing East Multnomah County market. The adjacent property, RMLS #R320954-MLS#: 663676717 , is also offered for sale, creating a unique opportunity for a buyer to acquire both neighboring properties for expanded operations, investment, redevelopment, additional parking, or future commercial use, subject to applicable zoning and governmental approvals. Business, real estate, fixtures, equipment, and otheAlso adjecent property R320954 is for saler included assets are subject to the terms of the offering.
Courtesy: Realty First
503-343-5825
((( Huge Price Adjustment - NO GROCERY BUSINESS INCLUDED )))Popular locally owned grocery chain store occupied, freestanding neighborhood retail property operated in Fairview, Oregon. The approximately 2,800-square-foot masonry building has reportedly served the community as a grocery and convenience-store location for more than 30 years, creating durable customer familiarity and a proven daily-needs retail identity. The offering combines a manageable format, prominent street exposure, a freestanding pylon sign, approximately 10 parking spaces, in-place contract rent, and a below-comparable real estate basis. The executed lease runs through June 30, 2028 and includes one five-year renewal option at fair market value. The sale is subject to the current business owner's contractual right of first refusal. ALSO The adjecent Deli/ Video Poker Business and Building (R320955)- MLS#: 298778284 is for sale.
Courtesy: Realty First
503-343-5825
This is a turn-key opportunity for an enthusiastic new owner to step into a fully equipped and income-generating deli and lottery business. With strong early sales, a high-traffic location,flexible lease options, and multiple avenues for expansion, this listing offers exceptional potential for growth and long-term success. This newly established deli and lottery shop is located at the prime corner of NE Halsey Street and NE 223rd Avenue, in the heart of the Fairview shopping district. Positioned promixity todowntown Fairview and adjacent to a busy food court village, the deli enjoys excellent. With Three Oregon Video Lottery machines in Freestanding Buildingwith excellent visibility and signage. There are plenty of Ample Parking for customers. New Furniture, Fixtures & Equipment areincluded in sale. Also Outdoor Storage Shed is for inventory and supplies. Efficient HVAC System is in great working condition. TheMonthly Rent is $2,500 + NNN,The deli benefits from a high-traffic located in the retail, residential,and community hubs. Local competition exists in the form of nearbyconvenience stores and fast-food outlets, but few combine fresh deliofferings with lottery sales in the same way. This creates a niche opportunity to capture both food and gaming traffic.Currently operating on limited hours, a newowner could significantly increase revenue by opening earlier mornings and later evenings. Introducing hotfood items and specialty sandwiches offerings could attract new customer segments. With lottery sales already drawing foot traffic, adding beverages, snacks, and grab-and-go items could enhance profits. Partnering with delivery platforms and offering catering services could expand the customer base beyond
Courtesy: ERA Freeman & Associates
503-665-3144
IMPROVED PRICE!!! This dual use property is a wonderful investment opportunity in beautiful Fairview Village. Close proximity to I-84 makes it desirable for clients. Ability to collect income on main office space and ADU, or use for your own business. Live and work from home! Front building is approximately 2700 SF of office space on 2 levels, 3 1/2 bathrooms, with space for reception area. ADU is 500 sf with 1 bedroom 1 bath (currently leased for $1,398/mo). Front office space is currently vacant. Recent rent has been $4,800/mo TRIPLE NET. New buyer can bring rents up to current market levels. ADU currently vacant. This property pencils out very well for investors. Front Building has either 5 bedrooms/office spaces, or 4 and a large conference room. SELLER CARRIED FINANCING possibly available with $250K down, 5% interest with a 3 year payoff. This property is definitely worth seeing!
Fairview is located in Oregon. Fairview, Oregon has a population of 10,439. Fairview is less family-centric than the surrounding county with 21.31% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Fairview, Oregon is $65,604. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Fairview is 38.8 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 35.6 degrees. The average rainfall is approximately 44.5 inches per year, with 2.5 inches of snow per year.
