$850,000
( $708.33Per Sq Foot )
 $4,563 est/mo Sourced by Back At You

1606 NE 223rd Ave,Fairview, OR 97024

Fairview, OR 97024

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Description

Rare opportunity to acquire both the real estate and an operating deli business in a highly visible Fairview location in NE 223rd Avenue and Arata Road. This offering includes a freestanding neighborhood deli/casual-food operation serving deli sandwiches, Korean food offerings, beverages, and video lottery entertainment. Fairview Deli benefits from multiple customer traffic sources, including meal purchases, convenience visits, customers, and lottery patrons. Four Oregon Lottery video lottery terminals are currently operating on site, supported by the existing operator's Oregon Lottery retailer contract and OLCC on-premises liquor license. Important: Oregon Lottery retailer approval and the OLCC liquor license do not automatically transfer with the sale. Buyer must independently apply for and qualify with the Oregon Lottery and OLCC. Continued video lottery and liquor operations are subject to buyer approval by the applicable agencies.Excellent owner-user, investor, or redevelopment opportunity in a growing East Multnomah County market. The adjacent property, RMLS #R320954-MLS#: 663676717 , is also offered for sale, creating a unique opportunity for a buyer to acquire both neighboring properties for expanded operations, investment, redevelopment, additional parking, or future commercial use, subject to applicable zoning and governmental approvals. Business, real estate, fixtures, equipment, and otheAlso adjecent property R320954 is for saler included assets are subject to the terms of the offering.

Details

MLS #298778284
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1979
Days On Site26
Listing Provided ByRealty First | Sam Kim

Features

SQ Feet1,200
Story(s)1
Building(s)1
Zoningcomm
Acreage0.24

Interior

HeatingForced Air
Heating YnYes
CoolingCentral Air
Cooling YnYes

Exterior

RoofFlat
Construction MaterialsBrick

Parking

Attached Garage YnNo
Parking FeaturesOn Site, Paved

Taxes

Property2431

Area Information

StateOR
CountyMultnomah
CityFairview
Zip Code97024
Listing VS Median (in 97024)
Price:
$850,000
low | high
Med:
$414,900
100% of Average
sqft:
1,200
low | high
Med:
1,354
37.208333333333% of Average
$ / sqft:
$708
low | high
Med:
$307
100% of Average
On site:
26
low | high
Med:
99
26.262626262626% of Average
Sourced by Back At You

Market Activity 97024

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyMultnomah
CityFairview
Zip Code97024
Listing VS Median (in 97024)
Price:
$850,000
low | high
Med:
$414,900
100% of Average
sqft:
1,200
low | high
Med:
1,354
37.208333333333% of Average
$ / sqft:
$708
low | high
Med:
$307
100% of Average
On site:
26
low | high
Med:
99
26.262626262626% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $637K - $1.62M
sqft: 900 - 1,500
Nearby Listings Property ImageNearby Listings Details
1606 NE 223th AVE Property Photo 1
$88,000
1606 Ne 223th Ave
Fairview, OR 97024
Listing Updated: September 10, 2026 at 11:30:06 PM PDT