11056 SE MAIN ST

Milwaukie, 97222

  • Bed

  • Bath

  • 14372 SqFt

  • 1 DOM

  • Built: 1948

  • Status: Active

$1,999,000

X

11056 SE MAIN ST

Milwaukie 97222

$1999000

  • Bed

  • Bath

  • 14372 SqFt

  • 1 DOM

  • Built: 1948

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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 three 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.

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