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17331883

13515 SE McLoughlin Blvd, Milwaukie, OR 97222

SM
OR 200108207
Trident Real Estate Solutions
Listed by Trident Real Estate Solutions
$5,500,000
749 days on market
Updated 7 days ago

13515 Southeast McLoughlin Boulevard

Details
Property Type Retail, Multifamily (+1)
Sub Type Storefront, Commercial (+1)
Square Footage 146,797
Occupancy 25%
Tenancy Multi
Lease Type Gross
Price per SqFt $37
Acreage 3.370
Zoning C3
Ground Lease No

Income from existing buildings - Redevelop or remodel to generate more revenue!

Marketing description

The sites best use is a re-development. The rectangular shape of the site with 265.45 Feet of McLoughlin frontage and 571.68 feet in length lends itself to multi-tiered developments. The southwest end of the site has road access from Torbank Street. The west side of the site abuts MR1 zoning. The entire site is C3 zoning, which allows for many uses.

McLoughlin is a major transportation hub and as density increases expected in all MR1 zones in the area to have increased housing supply to meet job centered industries to populate McLoughlin. McLoughlin is a major economic engine of the area.

Sites on McLoughlin sell quickly and are rarely available. The median income range continues to grow with housing affordability and livability perceptions that are high and properties are sought after.

This site has historical value for site recognition as well as easy access to all areas of Portland Metro.

McLoughlin ‘s zoning is expanding along being a major economic engine of the area will only increase in value.

The detailed comparable are a snap shot of; price point, locations, sizes, zoning which in general lack infrastructure and are not of the same caliber as our location. Our site is a located on a major through fare with major freeway access points to all areas of Portland, Beaverton and surrounding areas, the zoning of C3 is superior in terms of uses, the sites general rectangle size, curb cuts, as well as exiting infrastructure in place makes our site above the comparable sites yet within a great price point.

Investment highlights

  • Building’s data:

Buildings on site (19): Consisting of restaurant, motel office, 17-unit cabins, garage, shop, Single family residence with pool, 2 free standing buildings: Drive thru Coffee Business and Nursery Plant retailer.

Rental income - call for details - new property manager to increase revenues!

  • Lot Size: 3.37 acre site – Property Taxes:$37,589 - C3 zoning
  • Commercial Water well 405 FT deep 8” piping - 40 gal - 2 hr. duration

Back flow, dual water/sewer public/private water, 1,000 gallon steel holding tank, inline filter, modern piping, soft start flow computerized system and heated pump house building. The aquifer supply consists of basalt lava flows of the Columbia River Basalt Group and tests indicate commingling from other aquifers. Currently not operational.

  • NFA Environment Status – Former Gas Station- Level 1 & 2 reports available- Level 2 updated Testing completed 2026

  • Seller financing for qualified Buyer at competitive rates and terms

  • County Commissioners voted to increase density MU affordable housing bonus 90 Per acre

Listing Contacts

SM
OR 200108207
Trident Real Estate Solutions
Listed by Trident Real Estate Solutions

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Additional Information

Name
Sandra McLeod
License
200108207
Brokerage
Trident Real Estate Solutions, Inc
Brokerage Phone
5037229587
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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