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1606 NE 223rd Ave 1,200 SF Retail Building Fairview, OR 97024 $1,193,876 CAD ($994.90 CAD/SF)
Investment Highlights
- Free Standing Deli & Video Poker Business with 4 Video Poker machines
- Great exposures and excellent parkings and access
- Easy and turn key operations
Executive Summary
Rare opportunity to acquire a freestanding commercial building together with an operating deli and Oregon Video Lottery business at 1606 NE 223rd Avenue in Fairview, Oregon.
The approximately 1,200-square-foot building is situated on a 0.24-acre corner parcel near the intersection of NE Halsey Street and NE 223rd Avenue. The property offers excellent visibility, prominent signage, convenient customer access, on-site parking and an outdoor storage structure.
The operating business is a fully equipped deli featuring prepared food, sandwiches, Korean-inspired menu items and Oregon Video Lottery. The sale includes the business name, furniture, fixtures and equipment. The current operation reportedly includes three Oregon Video Lottery terminals, central air conditioning, forced-air heating and an outdoor storage shed for inventory and supplies.
The business is currently operating with limited hours, creating potential upside through expanded morning and evening hours, delivery service, online ordering, catering, additional menu offerings and stronger local marketing.
The property’s Town Center Commercial zoning supports a broad range of restaurant, food-service, retail, personal-service, entertainment, office and mixed-use concepts, subject to applicable City of Fairview approvals.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Signage
About 1606 NE 223RD AVE , FAIRVIEW, OR 97024
Realty First, LLC is pleased to present the opportunity to acquire the freestanding commercial property located at 1606 NE 223rd Avenue, Fairview, Oregon 97024. The property consists of an approximately 1,200-square-foot commercial building situated on approximately 0.24 acres, or 10,454 square feet. Constructed in 1979, the building is positioned near the prominent intersection of NE Halsey Street and NE 223rd Avenue in Fairview’s established Town Center commercial area. The freestanding configuration provides strong building identity, visible signage, convenient ingress and egress, on-site customer parking and an outdoor storage structure. The property is served by public sewer, forced-air heating and central air conditioning. The existing deli and Oregon Video Lottery operation provides an owner-user or investor with an established commercial use and existing restaurant-related improvements. The surrounding area includes residential neighborhoods, retail businesses, community services and a nearby food-cart destination, creating a diversified customer base and consistent daily activity. The property is zoned TCC—Town Center Commercial, a flexible district intended to create Fairview’s central commercial and community-gathering area through retail, service, restaurant, entertainment, office, residential and mixed-use development
Nearby Major Retailers
Property Taxes
| Parcel Number | R320955 | Total Assessment | $186,400 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2026 |
Property Taxes
Presented by
Realty First
1606 NE 223rd Ave
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