4723 Hawthorne BlvdPortland, OR 97215

For Sale
$1,300,000

Prime Portland restaurant/bar opportunity. Three buildings, 9,552 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Portland commercial property, located at 4723-4739 SE Hawthorne Blvd, presents a compelling investment opportunity for owner-users or value-add investors. Situated in the vibrant Hawthorne District of Southeast Portland, this property boasts a total of 9,552 square feet of net rentable space spread across three buildings constructed in 1912, 1926, and 1948. The buildings, totaling two stories, sit on an 11,015 square foot lot and are zoned CM2, allowing for a variety of uses. Currently configured as a restaurant with a commercial kitchen, the layout is adaptable and can be subdivided to create a multi-tenant building with multiple entrances. An additional 836 square foot Quonset hut is also included. The asking price is $1,300,000, translating to $269.61 per square foot. This property has served as a successful family-owned business for nearly four decades, offering a strong foundation for future success. The property's location in the popular Hawthorne District provides excellent visibility and access to a thriving customer base. This is a rare chance to acquire a substantial retail space with significant potential in a highly desirable Portland neighborhood.

Highlights

  • Exceptional Portland investment opportunity: 9,552 SF net rentable space on 11,015 SF lot.
  • Three buildings (1912, 1926, 1948 construction), two stories, CM2 zoning.
  • Currently a restaurant with commercial kitchen; adaptable layout for multi-tenant use.
  • Includes 836 SF Quonset hut.
  • Asking price: $1,300,000 ($269.61/SF).

Property Details for 4723 Hawthorne Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
9,552 SF
Buildings
3
Stories
2

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.512005614757
Longitude
-122.6135319531
4723 Hawthorne Blvd, Portland, Oregon

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4723 Hawthorne Blvd
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