818 Main StOregon City, OR 97045

  • Commercial real estate
  • 0.14 AC
For Sale
$1,194,000 View listing

Property Details for 818 Main St

Year built
1928
Lot size
0.14 AC
Zone code
MUD
Property type
Commercial real estate
APN
22E31AB03800
APU
22E31AB03800

Description

This exceptional turnkey restaurant opportunity is located in the heart of Historic Downtown Oregon City at 818 Main St, Oregon City, OR 97045. The 4,950 square foot space boasts a recent renovation, making it move-in ready for a new operator. Previously used as a restaurant with an attached market, the building offers a versatile layout with two convenient front entrances and the potential for division. The interior includes a private office and employee break area, catering to the needs of both staff and management. Parking is readily available with five off-street spaces located behind the building. This prime location offers easy access to major transportation arteries, including I-205 and Highway 99E, ensuring convenient access for both employees and customers. The property's proximity to the Clackamas County Circuit Court further enhances its visibility and accessibility within the community. The asking price is $1,194,000, translating to $241.21 per square foot. This represents a significant opportunity for an owner/user seeking a well-equipped, established space in a thriving downtown area. The vacant status allows for immediate occupancy and customization to suit the new owner's specific vision and operational needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,276,011
    Hospitality
    $1,168,819
    Educational
    $972,444
    Medical
    $1,005,888
    Retail
    $1,512,690

Location Insight

City
Oregon City
County
Clackamas
State
Oregon
Latitude
45.3584
Longitude
-122.606
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,162
-
-
$487,084
-
$274,704
$1,167,310
$1,442,014

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