1910 se 11th avenue for sale...it is provided without any representation, warranty, or guarantee,...
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KIDDER.COMThis information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
FOR SALE1910 SE 11th AvenuePORTLAND, OR
JORDAN CARTER
CLAY NEWTON
TYLER LINN
Owner-User Opportunity
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
Unique owner-user opportunity in close-in SE Portland
HIGHLY VISIBLE BUILDING IN CLOSE-IN
SE PORTLAND
DESIRABLE COMMERCIAL ZONING, SUITABLE FOR FUTURE DEVELOPMENT
COMPLETELY REMODELED IN 2020
DEDICATED OFF-STREET PARKING LOT WITH 4-6
SPACESWALK SCORE OF 92 BIKING SCORE OF 100
VIEWS OF DOWNTOWN PORTLAND
4 PRIVATE OFFICES/CONFERENCE ROOMS; 2 COMMON AREAS; 3
BATHROOMS
PORTLAND, OR
PRICE: $1,050,000
FOR SALE
1910 SE 11th Avenue
CLICK TO ACCESS DROPBOX PICTURES
& VIDEOS
JORDAN CARTER
CLAY NEWTON
TYLER LINN
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
Investment Summary1910 SE 11th Avenue is a unique opportunity for an office or retail user or investor looking for a turn-key space that just completed a full interior renovation by a high-end local design/build contractor.
This 1995 built, two story building is unbeatably located in the heart of close-in SE Portland. Tall Firs (tallfirspdx.com), a company that focuses on craftsmanship, artistry, and quality, recently completed the significant renovations.
Consisting of two stories and 2,560 SF, the building’s most recent renovation, completed in May of 2020, was designed to accommodate a single user, or two separate users on each floor, which have separate secure entrances within the common front entry. The first floor has two exterior entrances and consists of 1,280 SF, with a large L-shaped common area with polished concrete floors, high ceilings, a private office/conference room, and a bathroom. The second floor consists of 1,280 SF, with a common space/lobby, three private offices, and two bathrooms, all with new oak floors. Each floor has a separate brand-new HVAC unit that is individually controlled.
The canvas is 98% complete, and just needs a new user’s final cosmetic touches, like adding light fixtures on the main floor, to create a unique style that a new
user desires to achieve. The west facing side of the building has great downtown Portland views that should remain unobstructed, as the block to the west is zoned IG1 (General Industrial). Four to six off-street parking spaces (depending on car size) are dedicated to the building, while on-street parking is unregulated for time and is abundant.
The lot’s EX (Central Employment) zoning is one of Portland’s most flexible and high-density zones. The long-term play for an investor of this site could be a high-density development.
Location is key for this property as it is centrally positioned in close-in SE Portland, between some of Portland’s most popular and well-known streets. This area is a Biker’s and Walker’s Paradise, with a perfect Bike Score of 100, and a Walk Score of 92. Southeast Hawthorn Blvd, with its plethora of eclectic restaurants and stores, is just four blocks north. Getting to downtown Portland via the Hawthorne Bridge is just a one-mile jaunt from the front door of the building. Southeast Division Street, another one of Portland’s most popular streets, is just six blocks south. Additionally, one block east of the building is Ladd’s Addition, one of Portland’s most recognizable historic neighborhoods.
PROPERTY OVERVIEW
Address 1910 SE 11th Ave
Property ID R276139
Year Built 1995
Year Remodeled 2020
Building SF 2,560
Floors 2
Parking Spaces 4-6
HVAC Forced Air (seperate units for each floor)
Roof TPO Membrane
Lot Size 0.08 acres
Zoning EX (Central Emplyment)
Property Tax (2019) $5,864
PRICE $1,050,000
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
FULLY RENOVATED IN 2020
POLISHED concrete floors on first level
REPLACED upstairs laminates with white oak hardwood
INSTALLED new heating and cooling system
COMPLETE bathroom renovations including all new fixtures
REMOVED drop ceilings throughout first floor, raised ceiling lid, rerouted all HVAC and electrical running throughout
REPLACED doors, hardware and trim throughout
REMOVED a few walls to alter configuration
COMPLETE interior/exterior surface repair and paint
INSTALLED some decorative wood slat walls, arches, and beams
PRICE: $1,050,000
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
Ground Floor Photos
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue CENTRAL EMPLOYMENT (EX) ZONING
The EX zone allows a full range of high density commercial, light industrial, institutional and residential uses. This zone is intended for sites in or near the Central City and in Gateway. Generally, the uses and character of this zone are oriented towards office, residential and industry.
QUICK FACTS
65’+ maximum height, which is generally 6 stories
FAR Range in the EX zone ranges from 3:1 - 9:1
Height and FAR varies per plan district maps. Generally, buildings in EX zones are at least 65’ and can reach up to 225’ in some places.
Parking is generally not required for non-residential uses when development is located near transit or contains fewer than 30 residential units.
Second Floor Photos
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
1st Floor 2nd Floor
FIRST FLOOR SECOND FLOOR
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
Front entrance on SE 11th Ave.
JORDAN CARTER
CLAY NEWTON
TYLER LINN
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
SE
11
TH
AV
E
SE STEPHENS ST
SUBJECT PROPERTY
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
VIEW OF OHSU - MARQUAM HILL
VIEW OF DOWNTOWN PORTLAND
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
DOWNTOWN PORTLAND
HOSFORD-ABERNATHY
LADD’S ADDITION
BUCKMAN
KERNS
SE HAWTHORNE BLVD
SE DIVISION ST
SE
GR
AN
D
SE
ML
K
SE
11
TH
SE
12
TH
SE BELMONT
SE STARK
SE BURNSIDE
Tilikum C
rossi
ng
Hawthorne Bridge
Morrison Bridge
Burnside Bridge
Steel Brid
ge
SUBJECT PROPERTY
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
Ideally located between three of Portland’s most popular and trendy neighborhoods, 1910 SE 11th benefits from all of the charm, eclectic character, and new urbanism that Portland has to offer.
CLOSE-IN SE PORTLAND
Just a few blocks north of the property lies the vaunted Hawthorne District, east is the historic Ladd’s Addition neighborhood, and to the south you’ll find dynamic Division Street.
Development in SE Portland is a wide-ranging mix of new, old and adaptive reuse buildings. Many of the newer buildings are LEED certified, lending credence to the value placed on sustainable development. The area’s wide appeal and insatiable demand is driven in part by the neighborhood’s mixed-use development where retail and offices adorn the street and residents reside above. The sense of place created by this blend of
uses fosters a sense of community and convenience for residents who find walking to their grocery store or coffee shop is preferable to driving.
Growth along SE Hawthorne Boulevard is often at the forefront of Portland’s visionary urban planning and socially conscious development. The “New Urbanism” represented along the corridor appeals to every demographic, creating a demand that provides an economic foundation similar to the building of drivable suburbs in the mid-to-late 20th century. A walkable, vibrant neighborhood lined with bioswales, public transit, bike corridors, eclectic DIY restaurants and startups, SE Portland serves as a doorway to the future of Portland.
This area is host to a wide variety of retailers, where people from all over the world come for everything from handmade leather jackets to spicy Thai chicken wings. Division Street in particular is known locally as “Restaurant Row,” many establishments are recognized globally - one registering as the #5 best new restaurant in the country, according to Bon Appetit. It is home to the very first, and nationally renowned Stumptown Coffee Roasters, Salt & Straw, an ice cream purveyor of eccentric flavors and an ever-growing cult following and bars for every type of patron.
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
Submarket Overview
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
Portland is considered one of the nation’s most livable cities.
CITY OF PORTLAND
Located on the banks of the Willamette River only 90 minutes from snow-capped peaks and the Pacific Ocean, one might not realize Portland’s bustling downtown and waterfront are the heart of a metropolitan region with more than 2 million people. Twelve bridges span a wide elbow of the Willamette River, connecting the east and west sides of town. Throughout the metro area are thriving neighborhoods filled with restaurants, record shops, bars, funky clothing stores, antique malls and art galleries.
Portland is known for its progressive bike-friendly attitude, lively music and restaurant scenes, food carts, farmers’ markets, and endless recreation possibilities. Beyond the metro area residents enjoy the Pacific Northwest’s natural beauty via slopes, sails, surf and trails.
Portland is a walkable and bikeable city. Within walking distance of most parts of downtown is the campus of Portland State University, the world-class Portland Art Museum, Waterfront Park, Pioneer Courthouse Square, the Oregon Historical Society, a performing arts complex and a concert hall. For the sports-minded, Portland is home of the MLS Timbers, NBA Trail Blazers, and WHL
Winterhawks. Outdoor enthusiasts love Forest Park, the largest city park in the nation, with 5,000 acres of hiking and biking trails, a zoo, public gardens and beautiful old-growth woods. The downtown core is connected by one of the world’s leading public transportation systems, a combination of buses, streetcars, and light-rail trains, putting the entire metro area only a couple stops away.
PORTLAND, OR
FOR SALE
1910 SE 11th Avenue
Market Overview
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
PORTLAND, OR
FOR SALE
1910 SE 11th AvenueSOUTH SEATTLE
PORTLAND
SACRAMENTO
OLYMPIA TACOMA
SEATTLE
BELLEVUE
RENO
SAN FRANCISCO
SILICON VALLEYREDWOOD SHORES
ROSEVILLE
PHOENIX
SAN DIEGO
PASADENA/TRI-CITIES
EL SEGUNDO
INLAND EMPIRE
ORANGE COUNTY
CARLSBAD
DOWNTOWN LA
WEST LA
PLEASANTON
KIDDER MATHEWS OVERVIEW
We know the West Coast. In fact , we’re i ts largest independent commercial real estate firm. Our team boasts 900 local market specialists and top-producing professionals—serving out of 22 offices across five states. The expertise of each local office is reinforced by the relationships, intelligence, and experience of our entire firm.
WE DON’T JUST KNOW THE MARKET, WE DRIVE IT
It’s no secret that having a team deeply embedded in your market gives you the edge. Our professionals
deliver insights that go beyond data and identify unexpected avenues for growth. This ensures our clients are armed to capitalize on market trends in the most competitive real estate markets in the West.
We offer a complete range of brokerage, appraisal, property management, consulting, project
and construction management, and debt and equity finance services for all property types, giving our clients the competitive edge they need.
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COMMERCIAL BROKERAGE
$9.6BANNUAL TRANSACTION VOLUME
440+NO. OF BROKERS
VALUATION ADVISORY
1,680+ASSIGNMENTS ANNUALLY
38/23TOTAL NO. OF APPRAISERS / MAIS
PROPERTY MANAGEMENT
70M+ SF UNDER MANAGEMENT