503 MAIN ST, Oregon City, OR 97045 | MLS #563771840 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Knipe Realty ERA Powered- MLS# 563771840MLS ProviderContact Information: 503-201-8537

503 MAIN STOregon City, OR 97045

Commercial · 2,031 Sq. ft. | 0.05 Acres
$725,000 Active

503 MAIN ST Overview

Time on Site:
12 days
Visits:
0

Rare opportunity to acquire a fully remodeled retail property in the heart of historic downtown Oregon City, just several blocks from the transformative Clackamas County Main Street Courthouse redevelopment and across the street from the Tumwata Village development. This 2,031 SF building was comprehensively renovated in 2017 and rebuilt to near-new condition. Improvements include but are not limited to: seismic upgrades, new HVAC, new roof, new exterior siding, new electrical to panel, new plumbing to the street (including sewer and grease trap), new insulation/framing, flooring, and custom handcrafted shelving.The building is currently owner-occupied by the profitable White Rabbit Book Cafe - White Rabbit Gifts LLC and Black Ink Coffee LLC (currently being phased out). The asking price includes both the real estate and the business, 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 Main Street 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.

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503 MAIN ST Facts & Features

  • Type Commercial
  • Sq. ft. 2,031
  • Price/Sq.ft. $357
  • Lot 0.05 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Income: 63000.0
  • Operating Expense: 10537.0

Building Information

  • Year Built: 1919

Business Information

  • Business Name: Black Ink & White Rabbit
  • Current Use: Retail

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino

Rent/Lease Information

  • Lease Amount: 5250.0

Tax Information

  • Tax Annual Amount: 7443.15
  • Tax Year: 2025

General Information

  • Inclusions: Building,Business,Equipment
  • Listing Terms: Cash,Conventional
  • Parcel Number: 00572650
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: MUD

Interior

Building Interior

  • Building Area Total: 2031.0

General Information

  • Cooling: Central Air
  • Heating: Ceiling,Forced Air
  • Other Equipment: Fixtures,Furniture,Smoke Detector
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Square Feet: 2178.0
  • Number Of Buildings: 1
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Block,Brick,Wood Frame
  • Roof: Flat

General Information

  • Sewer: Public Sewer

503 MAIN ST Neighborhood

Community

97045 (OREGON CITY) Demographics

40
Median Age
646
Population Density (per sq. mile)
42%
College Educated
$83,254
Estimated Median Income
15,226
Estimated Total Home Owners
5,106
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

503 MAIN ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

503 MAIN ST Market Data

Based on the last 30 days in this zip code

$785,908
Average List Price
$342
Average Price per Square Foot
62
Properties Sold
84
Average Days on Market
302
Properties for Sale
Calculations provided by Reliance Network

503 MAIN ST History

Date Event Value Agent
6/17/2026Source: Regional MLS Added to Database
June 17, 2026