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    18893 Southeast Mcloughlin Blvd Milwaukie, OR 97267

    For Sale
    $499,500

    Freestanding retail or restaurant space on Oregon Route 99E.

    Property size:
    3,182 SF

    Property Features for 18893 Southeast Mcloughlin Blvd

    General Information

    Size
    3,182 SF

    Building Details

    Year built
    1963

    Source: Jason VanAbrams Agent Jason VanAbrams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail/Restaurant Space Available

    This freestanding retail or restaurant space features a ± 3,182 square foot building on a ± 5,809 square foot lot. Constructed in 1963, the property is zoned General Commercial (C-3) according to Clackamas County Zoning. The building includes floor-to-ceiling windows and pylon signage with frontage on Oregon Route 99E. It offers six striped parking spots, a ratio of 2 per 1000 square feet. The business can vacate or be included in the sale. The space can be easily converted into a variety of retail uses including a restaurant, commercial kitchen, or neighborhood grocery. The property includes two large built-in smokers, four walk-in refrigerators, and two walk-in freezers. Traffic counts on 99E (NW+SE) reach approximately 28,200 ADTV. The property is being offered for sale and has a proforma cap rate of 9.28% if leased at $18 per square foot + NNN.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukie
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.6092568
    Latitude
    45.3859111

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    FAQs

    What type of property is this?
    Restaurant - Freestanding retail or restaurant space on Oregon Route 99E.
    Where is this restaurant located?
    The property is located at 18893 Southeast Mcloughlin Blvd Milwaukie, OR.
    What is the asking price?
    The asking price for this property is $499,500.
    What are key features of this property?
    This property features: - High Traffic Counts: \u00b128.2k ADTV on Oregon Route 99E; - Freestanding Retail/Restaurant Space: \u00b1 3,182 SF Building on \u00b1 5,809 SF Lot; - Benefit from Pylon Signage with Frontage on Oregon Route 99E
    (503) 314-1099
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    18893 Southeast Mcloughlin Blvd Milwaukie, OR 97267
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    Milwaukie, OR 97267
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18893 Southeast Mcloughlin Blvd Milwaukie, OR 97267
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