Barley Mill Building - 1621-1637 SE Hawthorne Blvd

Portland, OR 97214

• 1031 Exchange Property
• Retail for Sale
• $3,024,494 CAD
• 9,770 SF

Portland Retail for Sale - SE Close-In

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

Contact:

Marcus & Millichap

Property Subtype:

Storefront

Date on Market:

2025-12-09

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Watergate Apartments - 10 SW Porter St

Portland, OR 97201

• 1031 Exchange Property
• Multifamily for Sale
• $5,086,649 CAD
• 14,000 SF

• Controlled Access
• Kitchen

Portland Multifamily for Sale - Barbur Blvd/Capitol Hwy

Watergate Apartments is a well-maintained 28-unit property located at 10 S Porter Street in Portland, Oregon, offering investors an attractive opportunity to acquire scale at a competitive basis. The property is situated near the South Waterfront district, providing convenient access to OHSU, major transit lines, and key employment centers, while remaining insulated from the higher price points found closer to the riverfront. The building features an efficient mix of studio and one-bedroom units with historically steady occupancy and strong demand from renters seeking affordability and proximity to downtown. Several units have received updates, and the property offers clear value-add potential through further interior improvements, operational optimization, and strategic repositioning. Residents benefit from easy freeway access, nearby bus and streetcar connections, and close proximity to essential services and daily conveniences. While the immediate surroundings continue to evolve, the area’s ongoing redevelopment activity provides long-term upside for investors looking to benefit from future neighborhood improvement. Watergate Apartments offers dependable income, achievable operational gains, and the opportunity to secure a 28-unit asset in an urban location at an attractive entry point. Please see attached marketing package for additional information.

Contact:

Pounder Realty LLC

Property Subtype:

Apartment

Date on Market:

2025-11-14

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2451-2473 Trade St SE

Salem, OR 97301

• 1031 Exchange Property
• Multifamily for Sale
• $2,337,109 CAD
• 4,452 SF

Salem Multifamily for Sale - Marion County

PRICE REDUCED. SELLER SAYS BRING ALL OFFERS. Perfect property for 1031 Exchange. Fully renovated in 2022. New roofs, windows, siding, electrical, plumbing, appliances, disposals, water heaters, counter tops and flooring. Duplex plus 9 cottages. Onsite parking and laundry. Central location. Cottages provide tenants with independent living opportunity. Fully occupied. Be sure to capture 100% Bonus Depreciation.

Contact:

Omnivest LLC, Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-10-31

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Chipotle Mexican Grill - 2612 E Baseline St

Cornelius, OR 97113

• 1031 Exchange Property
• Retail for Sale
• $5,185,633 CAD
• 2,325 SF

Cornelius Retail for Sale - Westside Outlying

This Chipotle is positioned along East Baseline Street, a primary east-west retail corridor in Cornelius with 35,200 vehicles per day, offering excellent visibility and accessibility. In 2024, Chipotle achieved strong growth with total revenue rising 14.6% to $11.3 billion and comparable restaurant sales increasing 7.4%. The property serves a dense and affluent population of 96,572 within five miles, with an average household income of $124,371 within one mile. Located as an outparcel to Cornelius 10 Cinemas, the site benefits from significant crossover retail traffic and is a gateway to Downtown Portland, where tourism and hospitality generate over $5.5 billion annually. Projected increases in population and income within 1-, 3-, and 5-mile radii over the next five years position both this Chipotle and the Cornelius market for continued growth

Contact:

Cushman & Wakefield

Date on Market:

2025-10-09

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12670 SW Farmington Rd

Beaverton, OR 97005

• 1031 Exchange Property
• Retail for Sale
• $859,231 CAD
• 1,241 SF

Beaverton Retail for Sale - 217 Corridor/Beaverton

Charming 1910 Mixed-Use Building in Downtown Beaverton. Own a piece of history with this beautifully preserved 1910 mixed-use building in the heart of Beaverton. The front commercial space, currently a salon, offers excellent visibility, large storefront windows, and a private bathroom, perfect for retail, office, or service use. In the rear, a private 1-bedroom, 1-bath apartment with a separate entrance provides flexible living or rental income potential. Ideal for live/work, investment, or dual tenancy. Located on high-traffic SW Farmington Rd, just steps from shops, dining, and transit, this rare property combines vintage charm with versatile zoning. A fantastic opportunity for owner occupants or investors looking to be part of Beaverton’s thriving downtown core.

Contact:

Suntree Inc Realtors

Property Subtype:

Freestanding

Date on Market:

2025-08-30

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1348 12th St

Salem, OR 97302

• 1031 Exchange Property
• Multifamily for Sale
• $2,390,725 CAD
• 5,528 SF

• Kitchen

Salem Multifamily for Sale - Marion County

This 10-unit complex was completely renovated in 2017. 100% occupied & attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032. Two minutes from Willamette University and just five minutes from Salem Center Mall and Salem's vibrant down-town district. Property Renovations include: • New 30-year roof & new gutters installed • All new double pane energy efficient windows & blinds installed • All new siding installed • All new insulation, drywall and paint • All new energy efficient appliances installed • All new efficiency faucets and toilets installed • All new fixtures installed • All new doors & locks installed • All new cabinetry & counter tops installed • All new vinyl and carpet flooring installed • All new tubs and bathroom sinks installed • All new plumbing installed • All new electrical installed • Property is located in an Opportunity Zone • Community courtyard & open space • 10 onsite parking spaces and street side parking • Coin operated laundry facilities

Contact:

Omnivest LLC, Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-07-25

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15259 SE 82nd Dr

Clackamas, OR 97015

• 1031 Exchange Property
• Office for Sale
• $3,024,494 CAD
• 10,040 SF

Clackamas Office for Sale - Clackamas/Milwaukie

Colliers International presents for sale the Northwest EyeCare Flex Facility located at 15259 SE 82nd Drive in Clackamas, Oregon. This two-story office building, constructed in 1998, consists of 10,040 rentable square feet, and is situated on a 0.48-acre L-shaped lot featuring two separate parking areas. Zoned C-3 (General Commercial), the property supports a variety of uses, including professional offices and retail services. The majority of the rentable space is leased to Northwest EyeCare Professionals, a well-regarded optometry practice with multiple locations throughout the Portland metro. The company operates under a lease expiring in 2032, and is willing to consider potential lease alterations to accommodate a buyer with specific space requirements. The offering is ideal for owner/users seeking an established headquarters location while benefiting from stable rental income. The property is well situated in Clackamas within a vibrant commercial corridor that enhances its appeal for businesses and tenants. The property is located near major amenities including Clackamas Town Center, Costco, and Kaiser Permanente Sunnyside Medical Center, all within a few miles. Nearby attractions provide ample retail, dining, and healthcare options, while the nearby freeway access ensures mobility for employees and customers. Downtown Portland and the I-205 Bridge en route to Vancouver are both under 20 minutes’ drive time, as is the intersection of I-5 and I-205.

Contact:

Colliers

Property Subtype:

Medical

Date on Market:

2025-07-16

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Future State - 12290 SW Main St

Portland, OR 97223

• 1031 Exchange Property
• Office for Sale
• $1,752,832 CAD
• 3,436 SF

• Air Conditioning
• 24 Hour Access

Portland Office for Sale - Tigard

Price Improvement! Updated turnkey multi occupant building with upgraded features your staff & customers will appreciate. Open concept, fireplace, mechanical upgrades including HVAC-A/C. Ready to occupy. Two street signs, monument and building. Perfect space for professional office services such as Investment Firm, Insurance, Real Estate. Excellent Retail location too. Bring your ideas to this in demand location. Rare added bonus of a transferable Trimet parking lease with up to 14 parking spots. The building is near many multi lane arteries, State Highways and Interstates. Tigard provides access to many blue collar and degreed workers providing an ample selection of qualified employment candidates. Possible Owner Financing with significant down payment.

Contact:

Liberty First Realty Llc

Date on Market:

2025-04-11

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