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13515 Mcloughlin Blvd Milwaukie, OR 97222

For Sale
$6,312,000

147,000 SF, $6.3M, Redevelopment Opportunity

Property size:
146,797 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional 3.37-acre commercial property, located at 13515 SE McLoughlin Blvd in Milwaukie, Oregon (zip code 97222), presents a significant redevelopment opportunity. The 146,797 square foot property boasts a prime location on McLoughlin Boulevard, a major transportation hub and economic engine, offering 265.45 feet of frontage and 571.68 feet in depth. Currently zoned C3, allowing for diverse uses, the rectangular lot also benefits from road access via Torbank Street. The property's existing structures include executive office space, a restaurant, motel office, 17 cabins, a garage, and a shop, currently at 25% occupancy. The asking price is $6,312,000, translating to $43 per square foot. The land value alone is also assessed at $43 per square foot. The property's strategic location provides easy access to all areas of the Portland Metro area, including major freeway access points to Portland and Beaverton. Its high visibility and accessibility, combined with the expansive C3 zoning, make it an ideal candidate for multi-tiered development projects. The site's superior location, infrastructure, and zoning advantages significantly outweigh comparable properties in the area, presenting a compelling investment opportunity in a rapidly growing market with high median income and strong livability perceptions. The property is offered with a gross lease and single tenancy.

Property Features for 13515 Mcloughlin Blvd

General Information

Property type
Office Properties & Spaces
Square Feet
146,797 SF
Lot Size
146,797 SF

HighLights

  • 3.37‑acre commercial property in Milwaukie, OR (97222) at 13515 SE McLoughlin Blvd.
  • 146,797 SF lot with 265.45' of frontage on McLoughlin Blvd.
  • C3 zoning allows diverse uses.
  • Existing structures (25% occupancy) include office space, restaurant, motel office, 17 cabins, garage, and shop.
  • Asking price: $6,312,000 ($43/SF).
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Milwaukie
County
Clackamas
State
Oregon
Longitude
-122.6351107
Latitude
45.4251422

FAQs

What type of property is this?
Office Property / Space - 147,000 SF, $6.3M, Redevelopment Opportunity
Where is this office property / space located?
The property is located at 13515 Mcloughlin Blvd Milwaukie, OR.
What is the asking price?
The asking price for this property is $6,312,000.
What are key features of this property?
This property features: 3.37-acre commercial property in Milwaukie, OR (97222) at 13515 SE McLoughlin Blvd.; 146,797 SF lot with 265.45' of frontage on McLoughlin Blvd.; C3 zoning allows diverse uses.
More about this property
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