For Sale
$1,375,000

1633 Cesar E Chavez Blvd Portland, OR 97232

Prime Hollywood location, 1350 sq ft, high visibility

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 1,350 square foot Class A storefront, located at 1633 NE Cesar E Chavez Blvd in Portland, Oregon, presents a unique investment opportunity. Built in 1967 and renovated in 2001, this single-story building boasts 13 parking spaces, a significant advantage in this high-traffic area. The property features extensive storefront windows providing exceptional visibility to the high volume of traffic (approximately 48,000 vehicles per day) from three street frontages and two signalized intersections. Convenient access from I-84 via both eastbound and westbound exits 2 adds to its appeal. The interior includes three floor sinks, two bathrooms, and a well-equipped back-of-house area with a three-compartment sink, floor mop sink, hand sink, and a 2023 water heater. Electrical service is robust, featuring five 240V 30A & 50A outlets, numerous 120V outlets, and ample retail lighting. Recent improvements include a new TPO roof and flashing (2022) and parking lot sealcoating and striping (2022). The property's history includes long-term tenancies by Winchell's Donuts and Starbucks, highlighting its strong location and potential. This is a rare opportunity to acquire a well-maintained, high-visibility retail property in a desirable Portland neighborhood. The asking price is $1,375,000. Seller financing may be possible. APN: 1N1E25DD-13000.

Highlights

  • Former Winchell's Donuts, currently a Starbucks for 22 years.
  • High visibility location with approx. 48,000 vehicles per day (VPD), storefront windows on three sides, and two traffic signals directly at the property.
  • Ample plumbing including three front-of-house sinks, two bathrooms, a three-compartment sink, floor mop sink, hand sink, and a 2023 water heater.
  • Electrical service includes five 240V 30A & 50A outlets, numerous 120V outlets, and retail lighting.
  • 2022 upgrades: New TPO roof and flashing, and parking lot sealcoating/striping.

Property Details for 1633 Cesar E Chavez Blvd

Property type
Retail properties, Retail space
Square Feet
1,350 SF
Class
A
Year Built/Renovated
1967/2001
Buildings
1
Stories
1

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5295528
Longitude
-122.6463158
1633 Cesar E Chavez Blvd, Portland, Oregon

FAQs

What type of property is this?
Retail property - Prime Hollywood location, 1350 sq ft, high visibility
Where is the retail property located?
The property is located at 1633 Cesar E Chavez Blvd Portland, OR.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Former Winchell's Donuts, currently a Starbucks for 22 years.; High visibility location with approx. 48,000 vehicles per day (VPD), storefront windows on three sides, and two traffic signals directly at the property.; Ample plumbing including three front-of-house sinks, two bathrooms, a three-compartment sink, floor mop sink, hand sink, and a 2023 water heater.
How can I contact the broker?
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1633 Cesar E Chavez Blvd
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