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$725,000 Just Listed
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Property Description
Rare opportunity to acquire a fully remodeled retail property in the heart of downtown Oregon City, kitty-corner from the transformative Clackamas County Main Street Courthouse redevelopment. This 2,031 SF building was comprehensively renovated within the past five years and rebuilt to near-new condition. Improvements include, but are not limited to, seismic upgrades, new HVAC, updated electrical, insulation, flooring, and custom handcrafted shelving. The building is currently owner-occupied by the profitable Black Ink Coffee & Tea and White Rabbit Books & Gifts businesses. The asking price includes both the real estate and the businesses, providing a turnkey opportunity for a buyer to continue operating the existing concepts or pursue a new vision. Business inventory is excluded from the sale price. With a prime downtown location, significant recent capital improvements, and direct exposure to the ongoing revitalization of downtown Oregon City, this property presents a unique owner-user or investment opportunity.
Full Property Details
Full Property Details for 503 Main St
General
- Price: $725,000
- Taxes: $7,443 (2025)
- Status: Active
- Type: Retail
- Source: RWMLS
- MLS ID: 563771840
- Updated: 6/17/2026
- Added to Site: 2 day(s) ago
Business
- Name: Black Ink & White Rabbit
Additional Information
- Equipment: Fixtures, Furniture, Smoke Detector
Location
- County: Clackamas
- Driving Directions: Corner of Main st & McLoughlin Blvd
Community
- Community Name: 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Ceiling, Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Block, Brick, Wood Frame
- Roof: Flat
- Ceiling Height: 20
- Stories/Levels: 2
- Square Feet: 2,031
- Current Bldg. Use: Retail
- Year Built: 1919
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size: 0K to 2, 999 SqFt
Financial Considerations
- Lease Price: $5,250
- Operating Expenses: $10,537
- Tax Amount: $7,443.15
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Floor Plan, Profit & Loss Statement
- Legal Description: 2 OREGON CITY PT LT 4 BLK 4
- Property ID: 572650
Listed by Knipe Realty ERA Powered (503) 445-7660, Daniel Silvey (503) 201-8537
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Schools
Schools serving 503 Main St
School District:Oregon City School District 62
| Name | Grades | Distance |
|---|---|---|
Holcomb Elementary School 14625 South Holcomb Boulevard, Oregon City, OR 97045 | K-5 | 2.7 mi |
Ogden Middle School 14133 South Donovan Road, Oregon City, OR 97045 | 6-8 | 1.7 mi |
Oregon City High School 19761 South Beavercreek Road, Oregon City, OR 97045 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 Main St
Date
Details
Price
Change
Source
6/17/2026
Listed
$725,000
—
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 503 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,443
10%
$371,513
3%
2024
$6,751
2%
$360,693
3%
2023
$6,587
10%
$350,188
6%
2021
$5,962
-4%
$330,087
-3%
2022
$6,212
4%
$339,989
6%
2021
$5,962
5%
$320,473
3%
2019
$5,669
5%
$311,139
3%
2018
$5,387
210%
$302,077
211%
2017
$1,736
2%
$97,024
3%
2016
$1,705
3%
$94,198
3%
2015
$1,661
3%
$91,454
3%
2014
$1,614
3%
$88,790
3%
2013
$1,567
—
$86,204
—
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 503 Main St
503 Main St, Oregon City, OR 97045 (MLS# 563771840) is a Retail property. 503 Main St is currently listed for $725,000 and was received on June 17, 2026. Want to learn more about 503 Main St? Do you have questions about finding other Retail real estate for sale in Northwest Heights? You can browse all Northwest Heights real estate or contact a Coldwell Banker agent to request more information.

