4111-4131 Hawthorne Blvd Portland, OR 97214
This exceptional retail property, located at 4111-4131 SE Hawthorne Blvd in Portland, Oregon's vibrant Hawthorne district (zip code 97214), offers a unique investment opportunity. The single-building property, totaling 11,407 square feet, was constructed in 1973 and underwent renovations in 2008. Currently, there is 2,930 square feet of vacant space available, previously occupied by a Key Bank branch. This space presents a fantastic opportunity for a variety of uses, including financial services, banking, office space, cafes, or other service-oriented businesses. The property is zoned CS (Portland) and sits within the Mall 205 submarket, specifically the Hawthorne submarket cluster in Multnomah County. The multiple tenancy structure allows for flexibility and potential for diverse income streams. The available 2,930 square foot suite is offered at a lease rate of $40 per square foot, plus NNN charges, with a 30-day notice period. This location benefits from high visibility and foot traffic in a thriving commercial area. The property's history and recent renovations provide a solid foundation for a successful business venture. Serious inquiries are encouraged to explore this compelling opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.