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Renovated Historic Commercial Building
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1120 SE Madison Street, Portland, OR 97214

Beautifully renovated historic building in desirable Southeast Portland location.

Days on Market247

Property Features for 1120 SE Madison Street

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1923
Listing Agency: Macadam Forbes
Listed By: Kevin VandenBrink · License #OR #990200037
Source: Macadamforbes
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Jul 17 at 6:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes

Investment Insights

Based on property information with market context.

This beautifully renovated historic commercial building is located between the Buckman and Ladd's Addition neighborhoods in Southeast Portland. Originally constructed in 1938 for the Fred Meyer Company as a bakery and candy manufacturing facility, the site was formerly Hawthorne Springs Park, and a culverted spring still flows beneath the building. The current owner completed an extensive renovation, including a full seismic upgrade and replacement of building systems, accompanied by a zone change from IG1 to EXd, which allows for a full range of office and retail uses. The building is situated at the entrance to the southeast corner of the Central Eastside Industrial District along Hawthorne Boulevard and 12th Avenue. Transit and bike paths provide easy access from nearby neighborhoods. Signage opportunities are available on the building. The property features clearspan, bow truss roof systems, a recessed loading facility, a shower facility, and dedicated on-site parking. Basement storage is available, and furniture is potentially available. This property presents a unique opportunity to own or occupy a full block at the gateway to one of Portland's most desirable commercial districts. The location is ideal for companies seeking a presence in a trendy area.

Key Highlights

  • Prime location at the entrance to the Central Eastside Industrial District, near Hawthorne Blvd and 12th Ave, in a highly desirable and trendy area.
  • Extensive renovation with full seismic upgrade and building systems replacement, ensuring structural integrity and modern functionality.
  • Flexible EXd zoning allowing for a full complement of office and retail uses.

Property Analytics

Current Use

Liquid Agency Advertising Agency 52 Limited Employment Agency SBD Agency Advertising Agency McCain Vocational Consulting Consultant XO Agency Advertising Agency

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,803
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Beautifully renovated historic building in desirable Southeast Portland location.
Where is this office building located?
The property is located at 1120 SE Madison Street Portland, OR.
What are key features of this property?
This property features: Prime location at the entrance to the Central Eastside Industrial District, near Hawthorne Blvd and 12th Ave, in a highly desirable and trendy area.; Extensive renovation with full seismic upgrade and building systems replacement, ensuring structural integrity and modern functionality.; Flexible EXd zoning allowing for a full complement of office and retail uses.
More about this property
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