Freestanding Neighborhood
New
For Sale
$850,000
1606 NE 223rd Ave, Fairview, OR 97024
Includes the operating deli business, restaurant improvements, fixtures, equipment, and existing food-service infrastructure.
Property Size1,200 SF
Days on Market7
Property Features for 1606 NE 223rd Ave
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
comm
Taxes and HOA fees
Annual Taxes
$2,431
Building Details
Building Size
1,200 SF
Year Built
1979
Buildings
1
Stories
1
Listing Agency:
Realty First
(503) 810-8949
Listed By:
Sam Kim
(503) 810-8949
Source:
Metanars
Added: Aug 17
Changed: Aug 21
Last Checked: Aug 22 at 1:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty First
Investment Insights
Based on property information with market context.
This freestanding restaurant property includes an operating deli business along with the real estate, fixtures, and equipment. The food-service operation offers deli sandwiches, Korean food, beverages, and video lottery entertainment. Four Oregon Lottery video lottery terminals are installed on site. The property also includes an existing Oregon Lottery retailer contract and an OLCC on-premises liquor license; neither approval transfers automatically, and continued operations require independent buyer qualification and agency approval.
The property is located at 1606 NE 223rd Ave in Fairview, Oregon, near NE 223rd Avenue and Arata Road. Built in 1979 and designated with commercial zoning, the site is offered with an established restaurant operation and may also be evaluated for owner-user, investment, or redevelopment purposes, subject to applicable approvals.
The property is located at 1606 NE 223rd Ave in Fairview, Oregon, near NE 223rd Avenue and Arata Road. Built in 1979 and designated with commercial zoning, the site is offered with an established restaurant operation and may also be evaluated for owner-user, investment, or redevelopment purposes, subject to applicable approvals.
Key Highlights
- Freestanding restaurant property with operating deli business
- Deli sandwiches, Korean food, beverages, and video lottery entertainment offered on site
- Four Oregon Lottery video lottery terminals currently installed
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
282k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Dining 23%
Shops & Services 21%
Apparel 17%
Target
Superstores
93,689 visits/mo
0.4 miles
Kohl's
Apparel
49,010 visits/mo
0.4 miles
Fred Meyer Gas Station
Shops & Services
39,695 visits/mo
0.5 miles
Starbucks
Dining
18,618 visits/mo
0.4 miles
Buffalo Wild Wings
Dining
15,491 visits/mo
0.5 miles
Demographics for 97024, OR
11,980
Population
5,157
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
3,524
Density / Sq Mi
$71,649
Median Household Income
$39,911
Median Earnings
$1,503
Median Rent
$404,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes the operating deli business, restaurant improvements, fixtures, equipment, and existing food-service infrastructure.
Where is this conventional restaurant located?
The property is located at 1606 NE 223rd Ave Fairview, OR.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Freestanding restaurant property with operating deli business; Deli sandwiches, Korean food, beverages, and video lottery entertainment offered on site; Four Oregon Lottery video lottery terminals currently installed
