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Listed by Knipe Realty ERA Powered • 503-201-8537
$ 725,000
Est. payment /mo
New
503 MAIN ST Oregon City, OR 97045
2,031 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,031 sqft
Price per Sqft $356
MLS Listing ID 563771840
Year Built 1919
Annual Tax Amount $7,443
Tax Year 2025
Lot Size 2,178 Sqft
Property Sub-Type Commercial
Property Description
Rare opportunity to acquire a fully remodeled retail property in the heart of historic downtown Oregon City, just several blocks from the transformative Clackamas County Main Street Courthouse redevelopment and across the street from the Tumwata Village development. This 2,031 SF building was comprehensively renovated in 2017 and rebuilt to near-new condition. Improvements include but are not limited to: seismic upgrades, new HVAC, new roof, new exterior siding, new electrical to panel, new plumbing to the street (including sewer and grease trap), new insulation/framing, flooring, and custom handcrafted shelving.The building is currently owner-occupied by the profitable White Rabbit Book Cafe - White Rabbit Gifts LLC and Black Ink Coffee LLC (currently being phased out). The asking price includes both the real estate and the business, providing a turnkey opportunity for a buyer to continue operating the existing concepts or pursue a new vision. Business inventory is excluded from the sale price.With a prime Main Street location, significant recent capital improvements, and direct exposure to the ongoing revitalization of downtown Oregon City, this property presents a unique owner-user or investment opportunity.
Location
State OR
County Clackamas
Area _146
Zoning MUD
Interior
Heating Ceiling, Forced Air
Cooling Central Air
Equipment Fixtures, Furniture, SmokeDetector
Exterior
View Seasonal
Roof Type Flat
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
