2928 SE Hawthorne Blvd - Office FOR SALE


Portland, OR 97214- Richmond
$960,000 USD
503-972-7277
2928 SE Hawthorne Blvd, Portland, OR for Sale
$960,000 USD
Office - FOR SALE
1/5
null | 6.9% Cap Rate

2928 SE Hawthorne Blvd
Portland, OR 97214
Richmond


HIGHLIGHTS

  • Prime Hawthorne District location with access to nearby restaurant and retail amenities.
  • Walk Score (95) Walkers Paradise
  • Bike Score (99) Bikers Paradise
  • Leases in place are short term in nature (1 year or less) and subject to change. Please contact broker for most updated rent roll
  • Landlord currently pays all utilities; buyer has a clear path to boosting NOI by matching the market standard for charging utility costs to tenants
  • Occupied Cap Rate: 6.9%

OVERVIEW

Classic office building in the Hawthorne District available for sale. Short term leases allow an opportunity for an investor or an owner-user.

FOR SALE DETAILS

PRICE

$960,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Abbey House

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R1

APN/PARCEL ID

R326637

ASK ABOUT THIS PROPERTY

Clayton MadeyMacadam Forbes, Inc.More Info
503-972-7277

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Clayton MadeyMacadam Forbes, Inc.More Info
503-972-7277

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.