16550 Mcloughlin BlvdMilwaukie, OR 97267
- Commercial real estate
- 0.96 AC
Property Details for 16550 Mcloughlin Blvd
- Year built
- 1978
- Lot size
- 0.96 AC
- Zone code
- C3
- Property type
- Commercial real estate
- APN
- 21E12DD01102
- APU
- 21E12DD01102
Description
This exceptional investment opportunity presents a 12-unit strip mall ideally situated at 16550 SE McLoughlin Blvd in Milwaukie, Oregon. The property boasts a total of 31,564 square feet across three distinct buildings situated on a generous 2.96-acre lot. The property features a prominent monument sign ensuring high visibility and convenient access with two points of ingress and egress. Building 1, encompassing 5,464 square feet, is currently occupied by a long-term tenant, Round Table Pizza. Building 2, a substantial 17,700 square feet, houses a mix of six tenants, including three larger and three smaller businesses. Finally, Building 3 offers 8,400 square feet and accommodates five additional tenants. The property benefits from a strong history of long-term tenants, indicating a stable and reliable income stream. This well-maintained and strategically located strip mall presents a compelling investment opportunity for discerning buyers seeking a proven, high-performing commercial asset in a thriving Oregon market. The substantial size, diverse tenant base, and prime location combine to create a truly exceptional investment prospect. The property's established tenant roster and visible location contribute to its strong potential for continued growth and profitability. This is a rare opportunity to acquire a well-established and highly sought-after commercial property in a desirable location.
Location Insight
- City
- Milwaukie
- County
- Clackamas
- State
- Oregon
- Latitude
- 45.4041
- Longitude
- -122.622
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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