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For Sale

RESTAURANT OWNER/USER OPPORTUNITY W/APARTMENTS

11020-11070 SE Main Street | Milwaukie, OR 97222

Property Details

Price$2,450,000
Building Size15,454 SF
Property Size0.28 Acres

Supporting Documents

Description

  • Total Building Size: ± 15,454 - 2 buildings + 4,760 SF basement
  • Land Size: ± 12,339 SF - 3 tax parcels
  • Year Built: 1915 - Golden Nugget building
    1948 - Libbie's building
  • Parking: 21 on-site spaces, including 1 handicap, plus abundant street parking
  • Excellent Visibility: Lighted vertical signage on Main Street
  • 2nd Floor Apartments: 6 units, fully leased

Highlights

  • Located on Main Street in charming historic downtown Milwaukie, Oregon
  • Two buildings with two bars that share one commercial kitchen located in Libbie’s restaurant
  • Total of 9 lottery machines in 2023 generating over $131,000
  • Long-term tenants in the 6 apartments with below-market rents
  • Businesses plus furniture, fixtures and equipment are included in the price of the real estate
  • Two liquor licenses, open 7 days a week
  • Full basement of approximately 5,200 square feet located under Libbie's restaurant
  • Basement has large walk-in cooler, shop area, storage, bakery room with abundant dry storage area, two commercial sinks, pizza oven, and a large office
  • Banquet room in back of Libbie’s restaurant
  • 21 on-site parking spaces, including a handicap space, plus angle street parking

Brokers

GETTING STARTED

Put our sales and management experience to work for you.

CONTACT US
73265 E Hwy 26
4062 NW Saltzman Rd

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