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    923-935 SE Hawthorne Blvd Portland, OR 97215

    For Sale
    $1,744,770

    Multi-tenant industrial building with vacant production space for lease.

    Property size:
    9,183 SF

    Property Features for 923-935 SE Hawthorne Blvd

    General Information

    Size
    9,183 SF

    Building Details

    Year built
    1926

    Source: Olesya Prokhorova Agent Olesya Prokhorova

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building with Vacant Space

    This multi-tenant industrial building is available for sale and for lease, making it suitable for an owner-user. The two-tenant building features 6,519 square feet of vacant production space available for lease. The property has General Industrial 1 (IG1) zoning, which allows for uses such as manufacturing, warehouse and freight movement, wholesale sales, and industrial services. Retail Sales and Service or Office are permitted per Chapter 33.140, but the use is limited to no more than 3,000 square feet of retail space. The property includes 4 grade doors. Located at SE Hawthorne Blvd & SE 11th Ave, the location has 11,230 Vehicles per Day as per 2022. SE Hawthorne Blvd & SE 8th Ave has 17,524 Vehicles per Day as per 2022. The property's total size is 9,183 square feet.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6560166
    Latitude
    45.512446

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    FAQs

    What type of property is this?
    Manufacturing property - Multi-tenant industrial building with vacant production space for lease.
    Where is this manufacturing property located?
    The property is located at 923-935 SE Hawthorne Blvd Portland, OR.
    What is the asking price?
    The asking price for this property is $1,744,770.
    What are key features of this property?
    This property features: - Ideal for owner-user seeking industrial space with existing tenants.; - **6,519 sf of vacant production space available for lease.**; - General Industrial 1 (IG1) zoning allows for diverse uses: manufacturing, warehouse, wholesale, etc.
    (503) 539-1341
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    923-935 SE Hawthorne Blvd Portland, OR 97215
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