Barely Mill Building on Hawthorne 1621-1637 SE Hawthorne Blvd Local commercial 908 m² 27 % Loué À vendre Portland, OR 97214 1 874 092 € (2 064,74 €/m²) Taux de capitalisation 8,96 %

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

Seller Financing Available - 30% Down | 5% Interest | 30 Year Am | 5 Year Term
Well Maintained Building with Short Term Leases and Below Market Rents
7,100 SF Retail / Warehouse Space w/ 14 Ft Clear Height and Sprinklers

Hyper Dynamic Location at the Corner of SE 17th Ave & SE Hawthorne Blvd
Barley Mill Pub is the First McMenamins Location Ever | Tenant Since 1983
Average Household Income is $123,000+ within a 3 Mile Radius

RÉSUMÉ ANALYTIQUE

Nathan Drake with Marcus & Millichap has been selected to exclusively market for sale the property located at 1621-1637 SE Hawthorne Blvd in Southeast Portland, Oregon. The building consists of 9,770 square feet of leasable area and is currently 100% leased to (2) tenants. The Barley Mill Pub is a bar and restaurant, and it is the first McMenamins location opened. They have been a tenant in the building since 1983. PJs Sleep Shop is a locally owned mattress retailer, and they have been a tenant in the building since 1979. Both tenants are on short term leases and paying well below the current market rental rates on Hawthorne. The roof was replaced in 2014 and the building has been well maintained by the current owners. Seller Financing is available for qualified Buyers with the following terms: 30% Down | 5% Interest | 30 Year Am | 5 Year Term.
Please contact Nathan Drake to schedule any property tours. Please do not disturb the tenants.
Nathan Drake
(503) 616-8962
nathan.drake@marcusmillichap.com

1621-1637 SE Hawthorne Blvd (June 2025)

INFORMATIONS SUR L’IMMEUBLE

Type de vente

Investissement ou propriétaire occupant

Conditions de vente

1031 Exchange

Type de bien

Local commercial

Sous-type de bien

Boutique

Surface de l’immeuble

908 m²

Classe d’immeuble

Année de construction

1924

Prix

1 874 092 €

Prix par m²

2 064,74 €

Taux de capitalisation

8,96 %

RNE

167 827 €

Pourcentage loué

27 %

Occupation

Multi

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

1,02

Surface du lot

0,09 ha

Zonage

CM2 - Commercial Mixed-Use 2 allows for a wide range of uses including, but not limited to, retail, office and residential.

Façade

30 m sur Hawthorne Blvd

Ligne d’autobus

Enseigne sur pylône

Signalisation

Hébergement et restauration
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

McMenamins is a family-owned company in the Pacific Northwest serving their own handcrafted beer, wine, cider, spirits and coffee alongside good, honest pub fare since 1983. Steeped in art, history and a sense of place, locations range from neighborhood pubs to historic hotels where live music and history talks are the norm, and soaking pools, movie theaters and other fun prevail.

P J Sleep Shop
Enseigne
99,999 SF
$9.99
Lorem Ipsum
-

OCCUPANT	SECTEUR D’ACTIVITÉ	m² OCCUPÉS	LOYER/m²	TYPE DE BAIL	FIN DU BAIL
	Hébergement et restauration	99,999 SF	$9.99	Lorem Ipsum	Jan 0000
P J Sleep Shop	Enseigne	99,999 SF	$9.99	Lorem Ipsum	-