1606 NE 223RD AVE Fairview, OR $ 850,000
1606 NE 223RD AVE
$ 850,000
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1606 NE 223RD AVE

Fairview, OR, 97024
$ 850,000
Bedrooms-- Baths-- Sq 1,200
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Property for Rent in Fairview, OR

for $850,000. This 1,200 square foot property was built in 1979 on a lot size of 0.24.

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.

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Rental Active

Price

$ 850,000

Taxes

$ 2,431

Style

Commercial

Lot Size

0.24

Year Built

1979

Town/City

Fairview

County/Region

Multnomah

MLS | Web ID

298778284

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Flat
Zoning comm
Construction Materials Brick
Year Built 1979
Sale Includes Building Business Land
Stories Count 1
Property Subtype Commercial
Tax Year 2025
Current Use FoodService Restaurant
Parcel Number R320955
Gross Income 1.0
County Multnomah
Operating Expense 1.0
Property Type CommercialSale
HOA N
Status Active
Directions AT THE CORNER OF NE 223RD & NE ARARTA
City Fairview
MLS Area _144
Lot Size Square Feet 10454.0
Listing Terms CallListingAgent Cash NoFinancing
Tax Annual Amount 2431.15
Property Condition Approximately
Lease Type YearsRemaining5to10 NNN
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 27 1N 3E TL 4700 0.24 ACRES
Year Established 2024
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Exterior
Parking Features OnSite Paved
Water Source PublicWater
Total Parking 10.0
Number of Buildings 1
Building Area Total 1200.0
Lot Size Acres 0.24
Road Surface Type Paved
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Internal Only
Street Number 1 1606
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* Excluded Features
List By
Realty First

Broker

503-810-8949

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2026$850,000 Listed Price

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1606 NE 223RD AVE, Fairview, OR, 97024 is a Property for Rent at $850,000 with 1,200 sqft and a lot size of 0.24. 1606 NE 223RD AVE was built in 1979. The property's zip code is 97024 which is in Fairview, OR