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Listed by Keller Williams Sunset Corridor • 503-890-6527
$1,999,000
Est. payment /mo
14,372 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,372 sqft
Price per Sqft $139
MLS Listing ID 318333696
Year Built 1948
Annual Tax Amount $12,963
Tax Year 2025
Property Sub-Type Commercial
Property Description
Rare portfolio opportunity comprising three contiguous parcels on SE Main St, offered together for the first time after 14 years of continuous owner-operation. 11020 SE Main St is home to the Golden Nugget Bar, a well-established neighborhood tavern with a loyal following and turn-key operations. 11056 SE Main St features Libbie's Restaurant, a fully functional and fully equipped dining establishment, along with six rent-producing residential units currently held below market rate, offering immediate upside potential. 11070 SE Main St adds a 20 to 25 space surface parking lot suitable for continued parking revenue, lease to area businesses, or future redevelopment. Combined, these parcels deliver multiple income streams, a proven operating history, and significant value-add potential, all just two blocks from the river. Well suited for investors and owner-operators alike.
Location
State OR
County Clackamas
Area _145
Zoning DMU
Interior
Heating Forced Air, Other
Equipment Fixtures
Exterior
Roof Type Flat
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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