Arroyo Commercial Services is pleased to present an exclusive listing for The Hardware Building and a 2,806 SF parking lot serving the property.
Situated in the heart of St. Johns, this high-visibility property presents an excellent opportunity to invest in a well-maintained, stable income-generating property located in one of Portland’s most vibrant retail corridors, less than 20 minutes from downtown. This cornerstone investment benefits from steady pedestrian traffic, easy access to transit, a growing retail and dining scene in a sought-after neighborhood with an established identity.
The oldest building in St. Johns (1898), has been fully restored and features upgraded mechanical systems, a refreshed exterior, new storefronts, and energy-efficient windows. 100% occupied and demised into four beautifully finished commercial units, each occupied by well-established, credit-worthy tenants, providing long-term stable income. Please note that two leases are projected to renew in 2027 and as such, 2028 NOI reflects asking price.
Property tours of interior spaces by appointment only; please call listing broker to arrange.