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Senior Housing Property with Office Tenancy
For Sale
$15,250,000

932 SE 60th Ave, Portland, OR 97215

Established senior care occupancy is complemented by office and creative office users in a multi-tenant commercial setting.

Property Size131,640 SF
Lot Size3.77 Acres
Price / SF$115.85
Days on Market52

Property Features for 932 SE 60th Ave

General Information

Standard status Active
Size 131,640 SF
Lot size 3.77 Acres
Property subtype Office
Zoning RM1
Occupancy 84%

Additional Details

Land Use senior living, office

Building Details

Year Built 1922
Buildings 1
Building Size 131,640 SF
Tenancy Multi
Listing Agency: R.H. Cooke & Associates
Listed By: Bob Cooke
Source: Rhcooke.idxbroker
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 25 at 8:16AM

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 R.H. Cooke & Associates

Investment Insights

Based on property information with market context.

Built in 1922, the property includes a 131,640-square-foot building serving senior housing and office users. Marquis Mt. Tabor, a post-hospital and long-term care operator, occupies the majority of the building, while additional space is leased to a range of office and creative office tenants. Overall occupancy is 84.34%.

The offering includes two land parcels totaling 3.77 acres. The main parcel contains the senior care and office building, while an excess land parcel is located across SE 60th Ave. The property is in Portland, Oregon, and carries RM1 zoning.

Key Highlights

  • 131,640‑square‑foot senior housing and office building
  • 84.34% leased to Marquis Mt. Tabor and additional office tenants
  • Marquis Mt. Tabor is a post‑hospital and long‑term care operator

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Computer & Electronic Repair HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service

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

Lease Details

84.3%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97215, OR

18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
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
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Similar Off Market Nearby

  • Courtyard at Mount Tabor 6125 SE Division St, Portland, OR 97206

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Established senior care occupancy is complemented by office and creative office users in a multi-tenant commercial setting.
Where is this senior housing / retirement home located?
The property is located at 932 SE 60th Ave Portland, OR.
What is the asking price?
The asking price for this property is $15,250,000.
What are key features of this property?
This property features: 131,640‑square‑foot senior housing and office building; 84.34% leased to Marquis Mt. Tabor and additional office tenants; Marquis Mt. Tabor is a post‑hospital and long‑term care operator
More about this property
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