Listing provided courtesy of Realty First- MLS# 284702448MLS ProviderContact Information: 503-810-8949

1606 NE 223th AVEFairview, OR 97024

Commercial · 1,200 Sq. ft.
$88,000 Active

1606 NE 223th AVE Overview

Time on Site:
308 days
Visits:
12

This is a turn-key opportunity for an enthusiastic new owner to step into a fully equipped and income-generating deli and lottery business. With strong early sales, a high-traffic location,flexible lease options, and multiple avenues for expansion, this listing offers exceptional potential for growth and long-term success. This newly established deli and lottery shop is located at the prime corner of NE Halsey Street and NE 223rd Avenue, in the heart of the Fairview shopping district. Positioned promixity todowntown Fairview and adjacent to a busy food court village, the deli enjoys excellent. With Three Oregon Video Lottery machines in Freestanding Buildingwith excellent visibility and signage. There are plenty of Ample Parking for customers. New Furniture, Fixtures & Equipment areincluded in sale. Also Outdoor Storage Shed is for inventory and supplies. Efficient HVAC System is in great working condition. TheMonthly Rent is $2,500 + NNN,The deli benefits from a high-traffic located in the retail, residential,and community hubs. Local competition exists in the form of nearbyconvenience stores and fast-food outlets, but few combine fresh deliofferings with lottery sales in the same way. This creates a niche opportunity to capture both food and gaming traffic.Currently operating on limited hours, a newowner could significantly increase revenue by opening earlier mornings and later evenings. Introducing hotfood items and specialty sandwiches offerings could attract new customer segments. With lottery sales already drawing foot traffic, adding beverages, snacks, and grab-and-go items could enhance profits. Partnering with delivery platforms and offering catering services could expand the customer base beyond

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1606 NE 223th AVE Facts & Features

  • Type Commercial
  • Sq. ft. 1,200
  • Price/Sq.ft. $73

Details

General

Income/Expenses

  • Existing Lease Type: 5 - 10 Years Remaining,NNN
  • Gross Income: 1.0
  • Operating Expense: 1.0

Building Information

  • Year Established: 2024

Business Information

  • Current Use: Food Service,Restaurant

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett

General Information

  • Inclusions: Business,BusinessName,Equipment
  • Listing Terms: Cash,Contract
  • Parcel Number: R320955
  • Property Sub Type: Business Opportunity
  • Property Type: Commercial Sale
  • Zoning: comm

Interior

Building Interior

  • Building Area Total: 1200.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air

Exterior

Lot Information

  • Water Source: Public Water

General Information

  • Sewer: Public Sewer

1606 NE 223th AVE Neighborhood

Community

97024 (FAIRVIEW) Demographics

42
Median Age
2,401
Population Density (per sq. mile)
28%
College Educated
$60,434
Estimated Median Income
2,523
Estimated Total Home Owners
2,042
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1606 NE 223th AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% 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. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1606 NE 223th AVE Market Data

Based on the last 30 days in this zip code

$467,297
Average List Price
$256
Average Price per Square Foot
7
Properties Sold
103
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

1606 NE 223th AVE History

Date Event Value Agent
1/21/2026Source: Regional MLS Price Reduction
$88,000 -12.0%
8/25/2025Source: Regional MLS Added to Database
August 25, 2025