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    1633 Cesar E Chavez Blvd Portland, OR 97232-1802
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    Property profile & analytics

    1633 Cesar E Chavez Blvd Portland, OR 97232-1802


    • Turn key restaurants
    • 1,350 SF
    • 0.19 lot acres
    Off-Market
    Last Sale Oct 21, 2024
    $1,350,000
    Property ID
    US71-0332820
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,010,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1633 Cesar E Chavez Blvd

    Year built
    1967
    Lot size
    0.19 lot acres
    Property size
    1,350 SF
    Zone code
    CS
    Property type
    Turn key restaurants
    APN
    1N1E25DD 13000
    APU
    1N1E25DD13000

    Description

    This exceptional 1,350 square foot Class A storefront, located at 1633 NE Cesar E Chavez Blvd in Portland, Oregon, presents a unique investment opportunity. Built in 1967 and renovated in 2001, this single-story building boasts 13 parking spaces, a significant advantage in this high-traffic area. The property features extensive storefront windows providing exceptional visibility to the high volume of traffic (approximately 48,000 vehicles per day) from three street frontages and two signalized intersections. Convenient access from I-84 via both eastbound and westbound exits 2 adds to its appeal. The interior includes three floor sinks, two bathrooms, and a well-equipped back-of-house area with a three-compartment sink, floor mop sink, hand sink, and a 2023 water heater. Electrical service is robust, featuring five 240V 30A & 50A outlets, numerous 120V outlets, and ample retail lighting. Recent improvements include a new TPO roof and flashing (2022) and parking lot sealcoating and striping (2022). The property's history includes long-term tenancies by Winchell's Donuts and Starbucks, highlighting its strong location and potential. This is a rare opportunity to acquire a well-maintained, high-visibility retail property in a desirable Portland neighborhood. The asking price is $1,375,000. Seller financing may be possible. APN: 1N1E25DD-13000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $666,000
      Market price range: $261k - $667k
      AI Estimate
      $666,000
      Market price range: $261k - $667k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.623
    Latitude
    45.5349
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,446
    $0.00
    $0.00
    $469,680
    -
    $1,021,160
    $362,520
    $1,383,680
    More about this property
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