Map of Property

1340 SE 12th Avenue

For Sale

1340 SE 12th Ave, Portland, OR 97214

This Portland property for sale is located at 1340 SE 12th Ave. The current listed sale price for 1340 SE 12th Avenue is $2,000,000. 1340 SE 12th Avenue is situated on a lot that is 12,500 acre in size.

Contacts

broker

Todd DeNeffe

Cascade Commercial Real Estate

(503) 705-6380

Property Details

  • Property Type Retail - Restaurant
  • Property Size 2,200 SF
  • Lot Size 12,500 Acre
  • Parking Spaces Avail. 20
  • Parking Ratio 9.09 / 1,000 SF
  • Date Updated Mar 22, 2024

Strategically Located Redevelopment Parcel For Sale

Located in the Central Eastside/Opportunity Zone

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 opportunity.

Price: $2,000,000.00

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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 96/100

    Walk Score ®

  • 65/100

    Transit Score ®

  • 99/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Buckman
  • Zip Code 97214
  • Market Portland

Points of Interest

  • Southeast Grand & Hawthorne

    0.35 miles

  • Southeast Grand & Taylor

    0.37 miles

  • Southeast Martin Luther King & Hawthorne

    0.41 miles

  • Southeast Grand & Mill

    0.42 miles

  • Southeast Martin Luther King & Taylor

    0.42 miles

  • Southeast Grand & Belmont

    0.43 miles

  • Southeast Martin Luther King & Mill

    0.48 miles

  • Southeast Martin Luther King & Morrison

    0.49 miles

  • Southeast Grand & Stark

    0.57 miles

  • Southeast Martin Luther King & Stark

    0.58 miles

  • Shell

    0.10 miles

  • Kwik-Gas

    0.38 miles

  • Pacific Pride

    0.44 miles

  • Shell

    0.52 miles

  • 76

    0.76 miles

  • Arco

    0.85 miles

  • Blink

    0.99 miles

  • Electric Avenue

    1.05 miles

  • Chevron

    1.24 miles

  • Chevron

    1.41 miles

  • Waterman Building Parking Annex

    0.59 miles

  • Oregon Museum of Science and Industry

    0.63 miles

  • U-Park

    1.01 miles

  • U-Park

    1.01 miles

  • SP+

    1.03 miles

  • U-Park

    1.04 miles

  • City Center Parking

    1.05 miles

  • City Center Parking

    1.07 miles

  • SP+

    1.09 miles

  • FedEx Office

    1.09 miles

  • Que Pasa Cantina

    0.03 miles

  • Pyro Pizza

    0.04 miles

  • Kim Jong Grillin

    0.04 miles

  • Tahir Square

    0.04 miles

  • El Brasero

    0.04 miles

  • Bottle Rocket

    0.05 miles

  • Cartopia Food Carts

    0.05 miles

  • Potato Champion

    0.05 miles

  • Chicken and Guns

    0.05 miles

  • BKK Pad Thai

    0.06 miles

  • Market of Choice

    0.23 miles

  • Sheridan Fruit Company

    0.63 miles

  • New Seasons Market

    0.71 miles

  • Safeway

    0.78 miles

  • People's Food Co-op

    0.95 miles

  • Whole Foods Market

    1.07 miles

  • Ross

    1.09 miles

  • H Mart

    1.15 miles

  • Muji Portland

    1.26 miles

  • TJ Maxx

    1.30 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Todd DeNeffe

Cascade Commercial Real Estate

(503) 705-6380