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11056 SE Main St, Milwaukie, OR 97222

$1,999,000

Property Description

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.

11056 SE Main St | MLS# 318333696

This commercial property located at 11056 SE Main St, Milwaukie, OR 97222 is currently listed for sale with an asking price of $1,999,000. Search Milwaukie real estate on juli.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Gas
Heating: Forced Air, Other
Roof Type: Flat
Taxes: $12,964
Year Built: 1948
Square Feet: 14,372

Feature Descriptions

Days on Site: 2
Gross Income: $68641.00 (Actual)
Parking Notes: OffStreet
Present Use: FoodService, MultiFamily
Sewer: Public Sewer
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Keller Williams Sunset Corridor
Agency Contact: 503-890-6527

Shown By

Agent Name: Juli Porterfield | Broker
Agent Phone: (541) 280-6451
Agency Title: Bend Premier Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/12/2026. The listing information on this page last changed on 05/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 05/12/2026 10:57:32 AM EST) or RMLS (last updated Tue 05/12/2026 10:35:31 AM EST) or COAR/MLSCO (last updated Tue 05/12/2026 10:51:37 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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