Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1960 Hawthorne Blvd Portland, OR 97214-3818
    Back to Search
    Property profile & analytics

    1960 Hawthorne Blvd, Portland, OR 97214-3818

    View on Map
    • Retail space
    • 13,986 SF
    • 0.22 lot acres
    Off-Market
    Last Sale Dec 16, 2025
    $2,300,000
    Property ID
    US71-1912768
    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
    $2,275,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Magpie / (Bike/Boat/Book/etc) Store

    Property Details for 1960 Hawthorne Blvd

    Year built
    1927
    Lot size
    0.22 lot acres
    Zone code
    CSD
    Property type
    Retail space
    APN
    1S1E02DA 04800
    APU
    1S1E02DA04800

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 5, 2018 — 1960 Se Hawthorne LLC — Trustees Deed · related $300k · Del Secco Family Ptshp
    Jun 2, 2014 — John Campa Kaufman Seymour E Trust Grant Deed —
    Jun 2, 2014 $2,200,000 1960 Se Hawthorne LLC Campa,john Warranty Deed $2M · John Campa
    Apr 12, 2004 $235,000 John Campa Montgomery,dewitt & Naomi Grant Deed —

    Description

    This exceptional Portland commercial property, located at 1960 SE Hawthorne Blvd in the coveted Ladd's Addition neighborhood, offers a unique blend of retail, office, and creative spaces. The building, known as The Campa, totals 3,961 square feet and is currently 100% vacant, presenting a rare opportunity for immediate occupancy. Multiple tenancy options are available, with spaces ranging from a minimum of 142 square feet to a maximum contiguous space of 2,212 square feet. The building's versatile layout caters to a variety of business needs, making it ideal for executive offices, studios, or retail ventures. Ample power is available to meet the demands of modern businesses. Convenient diagonal customer parking is provided on-site. This property is situated in Multnomah County, Oregon, within the vibrant 97214 zip code, offering excellent visibility and accessibility along the bustling Hawthorne Boulevard. The building's corner location provides exceptional street presence and exposure to high foot traffic. This is a remarkable opportunity to establish a presence in one of Portland's most sought-after commercial districts. Contact us today to learn more about this exceptional property and its various leasing options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,253,000
      Market price range: $2.14M - $6.27M
      AI Estimate
      $2,253,000
      Market price range: $2.14M - $6.27M

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.645
    Latitude
    45.5116
    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
    $14,469
    $0.00
    $0.00
    $546,020
    -
    $485,520
    $2,310,120
    $2,795,640

    Comparable in this City

    • Value Estimation
      $1,040,000
      2,400 SF

      2955 Belmont St

      RETAIL STORES (PERSONAL SERVICES)
      2955 Belmont St, Portland, OR 97214-4012
      View Details
    • Value Estimation
      $995,000
      4,422 SF

      2701 Belmont St, Unit 2707

      RETAIL STORES (PERSONAL SERVICES)
      2701 Belmont St, Portland, OR 97214-2917
      View Details
    • Value Estimation
      $3,970,000
      8,856 SF

      2448 Burnside St

      RETAIL STORES (PERSONAL SERVICES)
      2448 Burnside St, Portland, OR 97214-1752
      View Details
    • Value Estimation
      $1,935,000
      5,093 SF

      2244 Burnside St

      RETAIL STORES (PERSONAL SERVICES)
      2244 Burnside St, Portland, OR 97214-1654
      View Details
    • Value Estimation
      $1,295,000
      4,950 SF

      2136 Burnside St

      RETAIL STORES (PERSONAL SERVICES)
      2136 Burnside St, Portland, OR 97214-1652
      View Details
    • Value Estimation
      $1,435,000
      6,130 SF

      3018 Burnside St, Unit 3040

      RETAIL STORES (PERSONAL SERVICES)
      3018 Burnside St, Portland, OR 97214-1950
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,812 SF

      Historic Mixed-Use Building For Sale

      Historic mixed-use building with retail and office space available.
      711-719 SE Grand Ave, Portland, OR 97214
      View Details
    • Contact for pricing
      18,000 SF

      Versatile Building with Flexible Zoning

      18,000 SF building with flexible zoning in urban renewal area.
      324 SE Grand Ave, Portland, OR 97214
      View Details
    • Contact for pricing
      48,897 SF

      Renovated Historic Commercial Building

      Beautifully renovated historic building in desirable Southeast Portland location.
      1120 SE Madison St, Portland, OR 97214
      View Details
    • $725,000

      Buckman Retail Building with Parking

      Retail building in Buckman with parking and development potential.
      2003 SE Belmont St, Portland, OR 97214
      View Details
    • Contact for pricing
      16,630 SF

      Historic Hawthorne Masonic Building Space

      Landmark building with ballroom, ideal for events or creative office.
      3862 SE Hawthorne Blvd, Portland, OR 97214
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,345 SF

      Hawthorne Retail Space For Rent

      Retail space in a new mixed-use development on Hawthorne.
      2390 SE Hawthorne Blvd, Portland, OR 97214
      View Details
    • Contact for pricing
      1,377 SF

      Retail Space in Vibrant Marketplace

      Retail space available in a high-demographic Portland marketplace.
      902-1010 SE 11Th Ave, Portland, OR 97214
      View Details
    • Contact for pricing
      2,363 SF

      Renovated Office/Retail Space Available

      Recently renovated office/retail space near SE Division Street amenities.
      2415-2419 SE 11Th Ave, Portland, OR 97214
      View Details
    • Contact for pricing
      1,305 SF

      Portland Restaurant/Bar and Retail Space

      Restaurant/bar and retail space in Portland's Central Eastside District.
      550 SE Martin Luther King Jr Blvd, Portland, OR 97214
      View Details
    • Contact for pricing
      1,133 SF

      Eastside Retail Space with Basement

      Move-in ready retail space in historic building with high visibility.
      900-916 SE Hawthorne Blvd, Portland, OR 97214
      View Details
    • Contact for pricing
      2,735 SF

      Retail Space in Vibrant Marketplace

      Retail space available in a high-demographic area.
      975 SE 11Th Ave, Portland, OR 97214
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1960 Hawthorne Blvd
    Portland, OR 97214-3818
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1960 Hawthorne Blvd, Portland, OR, 97214
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!