3862 Se Hawthorne Blvd | Portland, OR 97214
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- LoopNet Team
3862 Se Hawthorne Blvd
Portland, OR 97214
Hawthorne Masonic Building · Retail Property For Sale
Investment Highlights
- Rare opportunity to own or occupy a landmark historic corner building in a prime infill location in the vibrant market of Portland, OR.
- Favorable Commercial Mixed-Use 2 (CM2) zoning allowing for a variety of commercial uses.
- Inclusive of two (2) cell towers on-site offering additional cash flow with upside via escalations and increases at options.
- Opportunity for full or partial occupancy with flexible floorplates and vacancies of ground floor restaurant space and unique 2nd floor ballroom.
- Second Floor Ballroom currently holds an Assembly (A) occupancy and is perfect for creative office/event space.
- Extensive recent CapEx totaling ±$760K have been made into the building by current ownership at one of Southeast Portland's busiest intersections.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
15,246 SF
Building Class
C
Year Built
1919
Percent Leased
66%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.13
Lot Size
0.31 AC
Zoning
CM2 - Commercial Mixed-Use
Parking
10 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | R229478 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,201,507 |
PROPERTY TAXES
Parcel Number
R229478
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,201,507
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