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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1606 NE 223rd Ave , Fairview, OR 97024
$850,000
Est. Payment: $4,341.08/mo
0 Bed
0 Bath
1200 Sqft
Status: Active | Days on site: 21
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House Description

Rare opportunity to acquire both the real estate and an operating deli business in a highly visible Fairview location in NE 223rd Avenue and Arata Road. This offering includes a freestanding neighborhood deli/casual-food operation serving deli sandwiches, Korean food offerings, beverages, and video lottery entertainment. Fairview Deli benefits from multiple customer traffic sources, including meal purchases, convenience visits, customers, and lottery patrons. Four Oregon Lottery video lottery terminals are currently operating on site, supported by the existing operator’s Oregon Lottery retailer contract and OLCC on-premises liquor license. Important: Oregon Lottery retailer approval and the OLCC liquor license do not automatically transfer with the sale. Buyer must independently apply for and qualify with the Oregon Lottery and OLCC. Continued video lottery and liquor operations are subject to buyer approval by the applicable agencies.Excellent owner-user, investor, or redevelopment opportunity in a growing East Multnomah County market. The adjacent property, RMLS #R320954-MLS#: 663676717 , is also offered for sale, creating a unique opportunity for a buyer to acquire both neighboring properties for expanded operations, investment, redevelopment, additional parking, or future commercial use, subject to applicable zoning and governmental approvals. Business, real estate, fixtures, equipment, and otheAlso adjecent property R320954 is for saler included assets are subject to the terms of the offering.

Highlights

Listed by Sam Kim , 503-810-8949 Realty First , 503-343-5825. Portland Regional Multiple Listing Service mls logo

Property Type

Commercial Sale

Lot/Acreage
0.24

Year Built

1979

County

Multnomah

Area

144 - Gresham, Sandy, Troutdale, Corbett

Listing ID

298778284

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:Public Water

Exterior Features

Garage Capacity:10
Zoning:comm
Roof:Flat
Others:
  • Additional:Approximately
Sewer:Public Sewer
Parking Features:On Site,Paved
Principal Interest
$4,341
Taxes
$203

Home Price

$850,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,341.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,341.08 $202.60 $0.00 $4,543.68
Yearly $52,093.00 $2,431.15 $0.00 $54,524.15
Total $1,562,790.08 $72,934.50 $0.00 $1,635,724.58

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Fairview, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-09-07T13:53:59.000Z

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