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    Property profile & analytics
    OFF-MARKET Estimated value $1,070,000
    Commercial real estate

    818 Main St, Oregon City, OR 97045-1817

    0.14 ac lot Built 1928
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US71-0531107
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity is located in the heart of Historic Downtown Oregon City at 818 Main St, Oregon City, OR 97045. The 4,950 square foot space boasts a recent renovation, making it move-in ready for a new operator. Previously used as a restaurant with an attached market, the building offers a versatile layout with two convenient front entrances and the potential for division. The interior includes a private office and employee break area, catering to the needs of both staff and management. Parking is readily available with five off-street spaces located behind the building. This prime location offers easy access to major transportation arteries, including I-205 and Highway 99E, ensuring convenient access for both employees and customers. The property's proximity to the Clackamas County Circuit Court further enhances its visibility and accessibility within the community. The asking price is $1,194,000, translating to $241.21 per square foot. This represents a significant opportunity for an owner/user seeking a well-equipped, established space in a thriving downtown area. The vacant status allows for immediate occupancy and customization to suit the new owner's specific vision and operational needs.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1928
    Lot 0.14 ac (6,289 SF)
    Zoning code MUD
    APN 22E31AB03800
    UPID US71-0531107
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.07M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.07M
    Owner & transaction history
    Weiye LLC · 1 yrs held
    Weiye LLC
    since 2024
    Last sale
    $1.1M
    6 recorded transactions
    2024
    $1.1M
    2010
    $395,000
    2003
    $220,000
    1969
    1969
    1969
    Zoning & alternative use
    MUD · Oregon City, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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