Freestanding Deli
For Sale
$850,000
1606 NE 223RD Ave, Fairview, OR 97024
CommercialSale, Fairview, OR
Property Size1,200 SF
Lot Size0.24 Acres
Price / SF$708.33
Days on Market9
Property Features for 1606 NE 223RD Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
comm
Directions
AT THE CORNER OF NE 223RD & NE ARARTA
Subdivision
_144
Standard status
Active
APN
R320955
Size
1,200 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
SECTION 27 1N 3E, TL 4700 0.24 ACRES
Tax Annual Amount
2431
Legal Description
SECTION 27 1N 3E, TL 4700 0.24 ACRES
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1979
Floors in Building
1
Building materials
Brick
Roof type
Flat
Listing Agency:
Realty First
(503) 343-5825
Listed By:
Sam Kim
(503) 810-8949
Added: Aug 17
Changed: Aug 25
Last Checked: Aug 25 at 1:06PM
MLS# 298778284
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding restaurant property at 1606 NE 223rd Ave in Fairview combines a 1,200-square-foot building with an operating deli business. The concept serves deli sandwiches, Korean food, beverages, and video lottery customers. The building was constructed in 1979 and features brick construction, a flat roof, forced-air heat, and central air conditioning. The offering includes the real estate, business, fixtures, equipment, and other included assets, subject to the offering terms.
Four Oregon Lottery video lottery terminals are operating on site under the current operator’s retailer contract. An OLCC on-premises liquor license is also in place; neither the lottery approval nor the liquor license automatically transfers, and continued operations require the buyer to apply and qualify with the applicable agencies. The property comprises 0.24 acres and is identified with comm zoning. An adjacent property is also offered separately, subject to applicable zoning and governmental approvals.
Four Oregon Lottery video lottery terminals are operating on site under the current operator’s retailer contract. An OLCC on-premises liquor license is also in place; neither the lottery approval nor the liquor license automatically transfers, and continued operations require the buyer to apply and qualify with the applicable agencies. The property comprises 0.24 acres and is identified with comm zoning. An adjacent property is also offered separately, subject to applicable zoning and governmental approvals.
Key Highlights
- 1,200‑square‑foot freestanding restaurant building on 0.24 acres
- Operating deli business included with real estate, fixtures, equipment, and other included assets
- Deli sandwiches, Korean food offerings, beverages, and video lottery operations
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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 - Real estate is offered with an operating deli business and existing video lottery operations.
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: 1,200‑square‑foot freestanding restaurant building on 0.24 acres; Operating deli business included with real estate, fixtures, equipment, and other included assets; Deli sandwiches, Korean food offerings, beverages, and video lottery operations
