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11056 SE Main St 2 Retail Properties Offered at $2,725,956 CAD in Milwaukie, OR
Investment Highlights
- Rare portfolio offering includes three contiguous parcels
- 11056 SE Main St includes Libbie’s Restaurant, boasting a complete commercial kitchen and equipment for continued operations
- The combined properties deliver multiple streams of income, a proven operating history, and immediate value-add opportunities
- 11020 SE Main St is occupied by the Golden Nugget Bar, a neighborhood institution with a long-standing reputation and consistent customer base.
- 11070 SE Main St consists of a 20 to 25 space surface parking lot that offers current cash flow potential through parking revenue
- Located just two blocks from the river in Milwaukie’s central district
Executive Summary
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.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
Property Facts
| Price | $2,725,956 CAD | Number of Properties | 2 |
| Price / SF | $163.17 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 16,706 SF |
| Status | Active | Total Land Area | 0.31 AC |
| Price | $2,725,956 CAD |
| Price / SF | $163.17 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,706 SF |
| Total Land Area | 0.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Libby's Lounge
11056-11070 SE Main St, Milwaukie, OR 97222 |
Retail | 15,454 SF | 1945 | - |
| 11020 SE Main St, Milwaukie, OR 97222 | Retail | 1,252 SF | 1905 | - |
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11056 SE Main St
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