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1960 Hawthorne Blvd Portland, OR 97214-3818

OFF-MARKET Retail space Google Maps
13,986 SF 0.22 ac lot Built 1927
Individually Owned 12-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$2.28M
Range $2.05M – $2.50M (±10%)
Property ID US71-1912768

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1927
Total area 13,986 SF
Lot 0.22 ac (9,780 SF)
Zoning code CSD
APN 1S1E02DA 04800
UPID US71-1912768

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.28M

Owner & transaction history

since 2014
Last sale
$2.3M
4 recorded transactions
2018
Price N/A
2014
Price N/A
2014
$2.2M
2004
$235,000

Zoning & alternative use

CSD · Portland, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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