11056 SE Main St, Milwaukie, OR 97222

$1,999,000

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Property Description

Rare portfolio opportunity comprising three contiguous parcels on SE Main St, offered together for the first time after 14 years of continuous owner-operation. 11020 SE Main St is home to the Golden Nugget Bar, a well-established neighborhood tavern with a loyal following and turn-key operations. 11056 SE Main St features Libbie's Restaurant, a fully functional and fully equipped dining establishment, along with six rent-producing residential units currently held below market rate, offering immediate upside potential. 11070 SE Main St adds a 20 to 25 space surface parking lot suitable for continued parking revenue, lease to area businesses, or future redevelopment. Combined, these parcels deliver multiple income streams, a proven operating history, and significant value-add potential, all just two blocks from the river. Well suited for investors and owner-operators alike.

11056 SE Main St | MLS# 318333696

This commercial property located at 11056 SE Main St, Milwaukie, OR 97222 is currently listed for sale with an asking price of $1,999,000. Search Milwaukie real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Gas
Heating: Forced Air, Other
Roof Type: Flat
Taxes: $12,964
Year Built: 1948
Square Feet: 14,372

Feature Descriptions

Days on Site: 23
Gross Income: $68641.00 (Actual)
Parking Notes: OffStreet
Present Use: FoodService, MultiFamily
Sewer: Public Sewer
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Keller Williams Sunset Corridor
Agency Contact: 503-890-6527

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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