10415 Main St Milwaukie, OR 97222
- Commercial real estate
- 400 SF
- 0.23 lot acres
Current Use by Public Records
- KeyBank ATM / Atm
Property Details for 10415 Main St
- Year built
- 1978
- Lot size
- 0.23 lot acres
- Property size
- 400 SF
- Zone code
- DC
- Property type
- Commercial real estate
- APN
- 11E25CC00406
- APU
- 11E25CC00406
Description
This 10,019 sq ft commercial land parcel in Milwaukie, Oregon (97222), located at 10415 SE Main St, presents a compelling investment opportunity. Currently occupied by a Key Bank drive-thru ATM under an absolute triple-net (NNN) lease expiring April 30, 2027, this property generates immediate income. The DMU zoning allows for flexible redevelopment options, maximizing future potential. The covered drive-thru ATM provides a secure and established revenue stream. The asking price is $625,000, translating to $95 per square foot. This property is situated in Clackamas County, offering convenient access to major transportation routes and a thriving community. The existing lease structure minimizes landlord responsibilities, making this an attractive option for passive income seekers and developers alike. The combination of current income and significant redevelopment potential makes this a rare find in the Milwaukie market. Don't miss this chance to acquire a prime commercial property with a strong return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.642
- Latitude
- 45.4476
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
