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$88,000 -$12,000 (-12%) Price Reduced
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Property Description
This is a turn-key opportunity for an enthusiastic new owner to step into a fully equipped and income-generating deli and lottery business. With strong early sales, a high-traffic location,flexible lease options, and multiple avenues for expansion, this listing offers exceptional potential for growth and long-term success. This newly established deli and lottery shop is located at the prime corner of NE Halsey Street and NE 223rd Avenue, in the heart of the Fairview shopping district. Positioned promixity todowntown Fairview and adjacent to a busy food court village, the deli enjoys excellent. With Three Oregon Video Lottery machines in Freestanding Buildingwith excellent visibility and signage. There are plenty of Ample Parking for customers. New Furniture, Fixtures & Equipment areincluded in sale. Also Outdoor Storage Shed is for inventory and supplies. Efficient HVAC System is in great working condition. TheMonthly Rent is $2,500 + NNN,The deli benefits from a high-traffic located in the retail, residential,and community hubs. Local competition exists in the form of nearbyconvenience stores and fast-food outlets, but few combine fresh deliofferings with lottery sales in the same way. This creates a niche opportunity to capture both food and gaming traffic.Currently operating on limited hours, a newowner could significantly increase revenue by opening earlier mornings and later evenings. Introducing hotfood items and specialty sandwiches offerings could attract new customer segments. With lottery sales already drawing foot traffic, adding beverages, snacks, and grab-and-go items could enhance profits. Partnering with delivery platforms and offering catering services could expand the customer base beyond
Full Property Details
Full Property Details for 1606 NE 223th Ave
General
- Price: $88,000
- Status: Active
- Type: Business
- Source: RWMLS
- MLS ID: 284702448
- Updated: 1/21/2026
- Added to Site: 149 day(s) ago
Location
- County: Multnomah
- Driving Directions: At the corner of NE 223rd and NE Halsey St
Community
- Community Name: 144 - Gresham, Sandy, Troutdale, Corbett
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Square Feet: 1,200
- Current Bldg. Use: Food Service, Restaurant
Financial Considerations
- Operating Expenses: $1
- Terms: Cash, Contract
Disclosures and Reports
- Documents Avail.: Leases, Operating Expense Report, Profit & Loss Statement
- Legal Description: no building and land for sale; Only business opportunity
- Property ID: R320955
Listed by Realty First (503) 343-5825, Sam Kim (503) 810-8949
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Schools
Schools serving 1606 NE 223th Ave
School District:Reynolds School District 7
| Name | Grades | Distance |
|---|---|---|
Salish Ponds Elementary School 1210 Northeast 201st Avenue, Fairview, OR 97024 | K-5 | 1 mi |
Reynolds Middle School 1200 Northeast 201st Avenue, Fairview, OR 97024 | 6-8 | 1.1 mi |
Reynolds High School 1698 Southwest Cherry Park Road, Troutdale, OR 97060 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1606 NE 223th Ave
Date
Details
Price
Change
Source
1/21/2026
Price Reduced
$88,000
-12%
MLS
8/25/2025
Listed
$100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1606 NE 223th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,431
6%
$132,990
3%
2024
$2,300
2%
$129,120
3%
2023
$2,245
5%
$125,360
6%
2021
$2,134
-3%
$118,170
-3%
2022
$2,191
3%
$121,710
6%
2021
$2,134
12%
$114,730
3%
2019
$1,910
1%
$111,390
3%
2018
$1,892
3%
$108,150
3%
2017
$1,833
4%
$105,000
3%
2016
$1,756
3%
$101,950
3%
2015
$1,707
3%
$98,990
3%
2014
$1,651
1%
$96,110
3%
2013
$1,627
—
$93,320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1606 NE 223th Ave
1606 NE 223th Ave, Fairview, OR 97024 (MLS# 284702448) is a Business property. 1606 NE 223th Ave is currently listed for $88,000 and was received on August 25, 2025. Want to learn more about 1606 NE 223th Ave? Do you have questions about finding other Business real estate for sale in Fairview? You can browse all Fairview real estate or contact a Coldwell Banker agent to request more information.

