Milwaukie, OR 97267 | 19157406 | Prime Alliance Real Estate Services
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Milwaukie, OR 97267

  • 0.68 Acres
  • Commercial
  • Listing# 19157406
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Views: 51 Days On Site: 517

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Property Details

Great business opportunity! Turn key small lounge. Lottery machines generate stable and positive cash flow. Perfect for small family business or passive income investor. Great location right on SE McLoughlin. Low gross rent too! A lot of potentials!

  • General Features
    • Acres 0.68
    • Area Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
    • Bank Owned Y/N No
    • Cooling Description Central Air
    • Country US
    • Fuel Description Electricity
    • Gross Income Actual 0
    • Heating Description Forced Air
    • Net Income Actual 100000
    • Occupancy Types Leased
    • Operating Expenses Actual 0
    • Sewer Description Public Sewer
    • Short Sale Y/N No
    • Stories 1
    • Supplement Number 0
    • Tax Amount 22631.31
    • Terms Call Listing Agent,Cash
    • Third Party Approval Y/N No
    • View Y/N No
    • Water Description Public
    • Year Built 1986
  • Building Features
    • Buildings Total 1
    • Existing Lease Type 1 - 5 Years Remaining,Lease Option
    • SqFt Approximate Gross 1600
  • Room Features
    • LeaseAmount 2680
    • Legal Description 186 COVELL PT BLKS 12&13
    • Limited Representation Y/N Full Service
  • Property Features
    • Equipment Fixtures,Furniture
    • Lot Size 20,000 SqFt to .99 Acres
    • Property Category Commercial Sale
    • Property Type Business
    • Roof Type Flat
    • Sale Includes Business

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Neighborhood

97267 (Milwaukie) Demographics

43 Median Age
4,315 Population Density (per sq. mile)
37% College Educated
$63,635 Estimated Median Income
8,794 Estimated Total Home Owners
3,774 Estimated Total Renters
70% / 30% Estimated Owner / Renter Divide
3 Estimated Average Household Size
31,526 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$445,000 Median Sales Price
37 Homes Sold
31 New On Market

Average Days on Site

    Properties for Sale

      Calculations provided by Reliance Network

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $175,000
      9/2/2020 1:06:22 PM Price Increased Source New Value: $175,000 12.9%
      9/2/2020 12:51:23 PM Status Changed Source New Value: Active
      7/2/2019 5:07:00 PM New in Database Source New Value: $155,000

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      **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
      The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Prime Alliance Real Estate Services are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon. This content last updated on 11/30/2020 5:52:41 AM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.