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1606-1610 NE 223rd Ave Portfolio 2 Retail Properties Offered at $1,750,000 in Fairview, OR



Investment Highlights
- Portfolio consists of two adjacent freestanding retail properties.
- Features an operating deli and Oregon Video Lottery business.
- Located along a neighborhood commercial corridor near NE Halsey Street.
- Includes a grocery and convenience store with established operating history.
- Corner positioning provides visibility and customer accessibility.
- Opportunity for both investment income and operational upside.
Executive Summary
The Fairview Retail Investment Portfolio offers the opportunity to acquire two adjacent freestanding retail assets positioned along NE 223rd Avenue in Fairview, Oregon. Together, the properties provide a combination of stabilized income and owner-operator upside within an established neighborhood commercial corridor near the intersection of NE Halsey Street and NE 223rd Avenue.
The first asset, located at 1610 NE 223rd Avenue, is a single-tenant retail investment occupied by 365 Convenience Store, a long-standing neighborhood grocery and convenience operator. The property benefits from dedicated signage, visibility along a heavily traveled commercial corridor, and an established operating history serving the surrounding residential community.
The second asset, located at 1606 NE 223rd Avenue, consists of a freestanding retail building occupied by an operating deli and Oregon Video Lottery business. The corner location provides direct access, on-site parking, and exposure to local consumer traffic generated by nearby retail and service businesses. The offering includes an established business operation with existing lottery terminals and customer base.
Offered as a portfolio, these adjacent properties provide investors with the ability to control a concentrated retail holding in a growing East Multnomah County location with proximity to Interstate 84, regional employment centers, and the broader Portland metropolitan area. The combination of convenience retail, food service, and lottery-driven traffic creates multiple customer demand sources while providing long-term neighborhood retail relevance.
The first asset, located at 1610 NE 223rd Avenue, is a single-tenant retail investment occupied by 365 Convenience Store, a long-standing neighborhood grocery and convenience operator. The property benefits from dedicated signage, visibility along a heavily traveled commercial corridor, and an established operating history serving the surrounding residential community.
The second asset, located at 1606 NE 223rd Avenue, consists of a freestanding retail building occupied by an operating deli and Oregon Video Lottery business. The corner location provides direct access, on-site parking, and exposure to local consumer traffic generated by nearby retail and service businesses. The offering includes an established business operation with existing lottery terminals and customer base.
Offered as a portfolio, these adjacent properties provide investors with the ability to control a concentrated retail holding in a growing East Multnomah County location with proximity to Interstate 84, regional employment centers, and the broader Portland metropolitan area. The combination of convenience retail, food service, and lottery-driven traffic creates multiple customer demand sources while providing long-term neighborhood retail relevance.
Property Facts
| Price | $1,750,000 | Number of Properties | 2 |
| Price / SF | $437.50 / SF | Individually For Sale | 2 |
| Sale Type | Investment or Owner User | Total Building Size | 4,000 SF |
| Status | Active | Total Land Area | 0.37 AC |
| Price | $1,750,000 |
| Price / SF | $437.50 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 4,000 SF |
| Total Land Area | 0.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Minit Mart Food Store
1610 NE 223rd Ave, Fairview, OR 97024 |
Retail | 2,800 SF | 1955 | $1,200,000 |
| 1606 NE 223rd Ave, Fairview, OR 97024 | Retail | 1,200 SF | 1979 | $850,000 |
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1606-1610 NE 223rd Ave Portfolio
