1610 NE 223RD AVE, Fairview, OR 97024

Property Description

((( Huge Price Adjustment - NO GROCERY BUSINESS INCLUDED )))Popular locally owned grocery chain store occupied, freestanding neighborhood retail property operated in Fairview, Oregon. The approximately 2,800-square-foot masonry building has reportedly served the community as a grocery and convenience-store location for more than 30 years, creating durable customer familiarity and a proven daily-needs retail identity. The offering combines a manageable format, prominent street exposure, a freestanding pylon sign, approximately 10 parking spaces, in-place contract rent, and a below-comparable real estate basis. The executed lease runs through June 30, 2028 and includes one five-year renewal option at fair market value. The sale is subject to the current business owner's contractual right of first refusal. ALSO The adjecent Deli/ Video Poker Business and Building (R320955)- MLS#: 298778284 is for sale.