$2,690,000 USD
503-473-2713
1960 SE Hawthorne Blvd
Portland, OR 97214
Hosford-Abernethy
HIGHLIGHTS
- Renovated mixed-use retail, office, and residential property, currently 89% leased, offering stable revenue and value-add growth potential.
- Stunning property’s 1927-vintage, Art Deco façade can be seen by more than 13,000 vehicles each day, delivering strong market presence.
- Placement at the gateway of Hawthorne and Ladd’s Addition offers an ideal balance of a vibrant commercial corridor and peaceful neighborhood living.
- Customers and residents are drawn by the building’s convenient proximity to the eclectic shops, restaurants, and amenities of Hawthorne Boulevard.
- Extensive renovations blend charm with modern functionality, preserving the building’s architectural character and modernizing building systems.
FOR SALE DETAILS
PRICE
$2,690,000 USD
PRICE/SF
$192 USD /SF
# OF UNITS
6
PRICE/UNIT
$448,333
CAP RATE
8.51%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Renovated Art Deco Mixed-Use w/ Stable Income
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1927
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.22 AC
LAND SF
9,583 SF
ZONING
CM2
APN/PARCEL ID
R200511
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503-473-2713
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503-473-2713
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