Storefront Property with Open
For Sale
Contact for pricing
3747 SE Hawthorne Blvd, Portland, OR 97214
A recently updated roof and HVAC system support the flexible interior configuration.
Property Size5,160 SF
Price / SF$179.26
Days on Market10
Property Features for 3747 SE Hawthorne Blvd
General Information
Standard status
Active
Size
5,160 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Sunnyside
Listing Agency:
Debbie Thomas Real Estate
(503) 226-2141
Listed By:
Debbie Thomas
Source:
Moodyscre
Added: Oct 23
Changed: Oct 26
Last Checked: Nov 1 at 8:26AM
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 Debbie Thomas Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The storefront property contains 5,160 square feet with an open interior layout. A newly installed storefront, recently coated roof, and new HVAC unit are among its physical features. The interior is presented as a blank slate for a future tenant.
The property is located at 3747 SE Hawthorne Blvd in Portland, Oregon.
The property is located at 3747 SE Hawthorne Blvd in Portland, Oregon.
Key Highlights
- 5,160 square feet of storefront space
- Open interior layout
- Newly installed storefront
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,140
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,800
$1.2M
Cap Rate 7%
$859,143
$859.1K
Cap Rate 9%
$668,222
$668.2K
Market Conditions
NOI Build-Up for 5,160 SF
Gross rent
$92.9K $18.00/SF
− Vacancy
−$7.0K −$1.35/SF
EGI
$85.9K $16.65/SF
− OpEx
−$25.8K −$5.00/SF
NOI
$60.1K $11.66/SF
Area
Portland, OR
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,800
Cap Rate 7%
$859,143
Cap Rate 9%
$668,222
Alternative Uses
Best Use
Retail
$859.1K
$751.8K – $1.00M
NOI $60,140 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,434 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,515
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Portland, OR
Similar Off Market Nearby
- Francoise Weeks Floral Designer — 2754 SE 33rd Pl, Portland, OR 97202, United States
- The Chateau Florist & Boutique — 2475 SE 30th Ave Suite 103, Portland, OR 97214
- Hawaiian Rainforest Naturals — 3327 SE Hawthorne Blvd, Portland, OR 97214
- Starflower — 3564 SE Hawthorne Blvd, Portland, OR 97214
Frequently Asked Questions
What type of property is this?
Storefront property - A recently updated roof and HVAC system support the flexible interior configuration.
Where is this storefront property located?
The property is located at 3747 SE Hawthorne Blvd Portland, OR.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 5,160 square feet of storefront space; Open interior layout; Newly installed storefront
