11056 SE MAIN ST Milwaukie, OR 97222
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Price:
$1,999,000
Ft²:
14372
MLS#:
318333696
Lot Size:
5,000 to 6,999 SqFt
Zone:
DMU
County:
Clackamas
Yr Built:
1948
Status:
Active
Heat:
Forced Air, Other
Roof:
Flat
Area:
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Courtesy of:
Keller Williams Sunset Corridor
Remarks:
Rare portfolio opportunity comprising three contiguous parcels on SE Main St, offered together for the first time after 14 years of continuous owner-operation. 11020 SE Main St is home to the Golden Nugget Bar, a well-established neighborhood tavern with a loyal following and turn-key operations. 11056 SE Main St features Libbie's Restaurant, a fully functional and fully equipped dining establishment, along with three rent-producing residential units currently held below market rate, offering immediate upside potential. 11070 SE Main St adds a 20 to 25 space surface parking lot suitable for continued parking revenue, lease to area businesses, or future redevelopment. Combined, these parcels deliver multiple income streams, a proven operating history, and significant value-add potential, all just two blocks from the river. Well suited for investors and owner-operators alike.
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