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Redevelopment Retail Property
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1340 SE 12th Ave, Portland, OR 97214

For sale retail asset with in-place income, positioned for mixed-use redevelopment or owner-user use.

Property SizeContact for details
Days on Market133

Property Features for 1340 SE 12th Ave

General Information

Standard status Active
Property subtype Retail, Mixed Use
Listing Agency: Cascade Commercial Real Estate
Listed By: Todd DeNeffe · License #OR
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 4:20AM

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 Cascade Commercial Real Estate

Investment Insights

Based on property information with market context.

The property is a retail asset offered for sale with in-place income that can help carry the site through redevelopment. It presents an opportunity for mixed-use investor redevelopment or an owner-user redevelopment approach, depending on the buyer’s plans.

The subject is located at 1340 SE 12th Ave in Portland, in the Central Eastside / SE 12th–11th Madison–Hawthorne commercial area. The Public Remarks describe this area as undergoing sustained growth, supported by ongoing additions of jobs, residential development, and office and creative space.

As presented, the property’s primary value is tied to its redevelopment fit, while maintaining existing income during the transition.

Key Highlights

  • Retail asset with in‑place income, positioned for mixed‑use redevelopment or owner‑user use
  • Located in the Central Eastside commercial area near SE 12th/11th with Madison/Hawthorne proximity
  • Central Eastside added over 2,000 jobs in the last 6 years with 15,000 people already living and working there

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Florist (Bike/Boat/Book/etc) Store Tanning Salon Supermarket Locksmith Nursing Home

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

4,268
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 Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail asset with in-place income, positioned for mixed-use redevelopment or owner-user use.
Where is this retail space located?
The property is located at 1340 SE 12th Ave Portland, OR.
What are key features of this property?
This property features: Retail asset with in‑place income, positioned for mixed‑use redevelopment or owner‑user use; Located in the Central Eastside commercial area near SE 12th/11th with Madison/Hawthorne proximity; Central Eastside added over 2,000 jobs in the last 6 years with 15,000 people already living and working there
(503) 705-6380 Call to check price and availability
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