Bought with Knipe Realty ERA Powered
$1,240,000
$1,575,000
21.3%For more information regarding the value of a property, please contact us for a free consultation.
16725 SE MCLOUGHLIN BLVD Milwaukie, OR 97267
7,380 SqFt
Key Details
Sold Price $1,240,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,380 sqft
Price per Sqft $168
MLS Listing ID 455385560
Sold Date 04/20/26
Year Built 1974
Annual Tax Amount $14,815
Tax Year 2025
Lot Size 0.790 Acres
Property Sub-Type Commercial
Property Description
Rare and Amazing investment Opportunity! If you are looking to own an investment property in Milwaukie, this is your chance. Single property with three buildings, fully leased, with 197' frontage on McLoughlin Blvd. The cross street is SE Naef Rd. With a signal light at this intersection and driveways from both McLoughlin and Naef the property has great access from any direction. Paved lots both front and rear provide plenty of parking for customers and staff alike. The anchor tenant is a convenience store who has been at this location since the property was constructed in 1974. Tenant turnover is rare and when a space has become available in recent years there has been significant interest very quickly.This is a great property in a FANTASTIC location, ready for a new owner to take over. As an investment it has a proven track record. Possible uses include commercial investment, owner occupied with passive income and more. Whatever your vision of your role with this property- you have options. Contact us TODAY.
Location
State OR
County Clackamas
Area _145
Zoning C3
Interior
Heating Forced Air, Zoned
Cooling Central Air
Equipment SmokeDetector
Exterior
Roof Type BuiltUp,Other
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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