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17635 SE McLoughlin Blvd 5,400 SF 100% Leased Retail Building Milwaukie, OR 97267 $1,350,000 ($250/SF)
Investment Highlights
- SE McLoughlin / OR-99E frontage
- Flexible multi-level owner-user/value-add opportunity
- On-site parking and monument signage
Executive Summary
Rare high-visibility commercial opportunity along the SE McLoughlin Boulevard/OR-99E corridor in the Milwaukie/Oak Grove area. The approximately 5,400-square-foot, multi-level building sits on approximately 0.26 acre and offers a street-facing main level, lower/rear-access commercial space, on-site parking, and monument signage.
The property is currently occupied by an in-place mix of retail, food-service, and lower-level commercial uses. The upper portion was renovated with new flooring and paint, with additional improvements completed around 2021-2022. A flexible configuration and strong corridor exposure create longer-term owner-user, value-add, and repositioning potential, subject to existing lease rights.
Financial and lease information is available to qualified parties following ownership approval. Buyer should independently verify building and site area, zoning, permitted uses, lease rights, property condition, and all other property information.
The property is currently occupied by an in-place mix of retail, food-service, and lower-level commercial uses. The upper portion was renovated with new flooring and paint, with additional improvements completed around 2021-2022. A flexible configuration and strong corridor exposure create longer-term owner-user, value-add, and repositioning potential, subject to existing lease rights.
Financial and lease information is available to qualified parties following ownership approval. Buyer should independently verify building and site area, zoning, permitted uses, lease rights, property condition, and all other property information.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,400 SF
Building Class
C
Year Built
1974
Price
$1,350,000
Price Per SF
$250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.48
Lot Size
0.26 AC
Zoning
C3 - Retail, Office, Automotive services, Trades, Food and Beverage establishments, Specialty
Parking
11 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
100’ on SE McLoughlin Blvd
Amenities
- 24 Hour Access
- Bus Line
- Monument Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00514429 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $460,669 |
Property Taxes
Parcel Number
00514429
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$460,669
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17635 SE McLoughlin Blvd