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    1120 SE Madison St Portland, OR 97214

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    For Sale
    Contact for pricing

    Beautifully renovated historic building in desirable Southeast Portland location.

    Property Features for 1120 SE Madison St

    General Information

    Zoning
    IG1 - General Industrial

    Building Details

    Year built
    1923

    Source: Kevin VandenBrink Agent Kevin VandenBrink

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

    Overview

    Renovated Historic Commercial Building

    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.
    Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply 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
    -122.6541822
    Latitude
    45.512577

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    FAQs

    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 St 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.
    (503) 972-7289
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    1120 SE Madison St Portland, OR 97214
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    Portland, OR 97214
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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
    1120 SE Madison St Portland, OR 97214
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