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1340 SE 12th Ave

1340 SE 12th Ave, Portland, OR 97214

  • For Sale $2,000,000
  • Property Type Retail
  • Property Size 12,500 SF
  • Date Updated Nov 24, 2022

This property provides an excellent opportunity for redevelopment in one of the best locational areas of the robust and desirable Central Eastside in the SE 12th/11th Madison/Hawthorne commercial area. This property with in place income to help carry the property to redevelopment, would be an excellent mixed use investor redevelopment or owner-user.

  • Located 1-2 Blocks from SE Madison and Hawthorne Couplet
  • 12,500 SF property (100’ x 120’)
  • Zoned Commercial Mixed Use 2 (CM2)
  • Improved with 2200 SF restaurant and paved parking for 20 vehicles.
  • FAR 2.5/1 equates to 30,000 SF of new space.
  • Height 35’
  • Bonus of 4:1 FAR equates to 50,000 SF of new space.
  • Height 55’.
  • Can accommodate up to 50 apartment units based on Average Size/700 SF.
  • In place income to help carry property to redevelopment. Lease flexible to allow multiple timelines.
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Location

  • Walk Score ® Walker's Paradise (94)
  • Transit Score ® Good Transit (65)
  • Bike Score ® Biker's Paradise (100)
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Buckman
  • Zip Code 97214
  • Market Portland

Points of Interest

Southeast Grand & Taylor

0.37 miles

Northeast Grand & Hoyt

1.05 miles

Southeast 17th Avenue & Rhine Street

1.09 miles

Skidmore Fountain

1.10 miles

South Waterfront

1.28 miles

Pioneer Courthouse/Southwest 6th Avenue

1.28 miles

South Moody & Gibbs

1.31 miles

Rose Quarter Transit Center

1.31 miles

Union Station/Northwest 5th & Glisan

1.44 miles

Southwest 10th & Alder

1.46 miles

Blink

0.99 miles

Blink

1.61 miles

eVgo

1.80 miles

Blink

3.03 miles

Chevron

3.61 miles

76

3.69 miles

PGE Electric Avenue Milwaukie

4.79 miles

eVgo

5.97 miles

Blink

6.29 miles

Chevron

6.61 miles

U-Park

1.87 miles

Library Auditorium Lot

1.98 miles

Widmer Brewing

2.19 miles

Parking 4

2.32 miles

Lot D

3.55 miles

Horse Parking

4.99 miles

Barbur Blvd

5.12 miles

Staff Parking

8.03 miles

NYC Garage

8.71 miles

Elmonica

9.58 miles

New Seasons Market

0.71 miles

Whole Foods Market

1.07 miles

Lloyd Center

1.35 miles

Target

1.43 miles

Target

1.44 miles

New Seasons Market

2.50 miles

QFC

2.57 miles

Bi-Mart

2.85 miles

Bread & Roses Market

3.18 miles

Fubonn Shopping Center

3.82 miles

Contacts

broker

Todd DeNeffe

Cascade Commercial Real Estate

(503) 705-6380

Frequently Asked Questions

What is the total size of 1340 SE 12th Ave?

1340 SE 12th Ave has a total of 12,500 square feet.

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Contact Listing Broker

broker

Todd DeNeffe

Cascade Commercial Real Estate

(503) 705-6380

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