The Latest News About Portland's Real Estate Market and Information About Foreclosures and Short Sales

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Ron Milligan
Realtor

    CDPE - Certified Distressed Property Expert

Direct: (503) 484-3166

Office: 503-282-4000



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RE/MAX Signature Properties
2717 NE Broadway
Portland, OR
503-282-4000


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Neighborhood

Hawthorne Safeway Closing

Tuesday, April 12th, 2011

The little neighborhood Safeway store on SE Hawthorne at 28th Avenue will be closing down on April 18th.  The store shelves are starting to run a bit empty, and I expect that there won’t be much left to buy toward the end of the week. 

The plan for the store is to do a tear down of the existing structure and put up a new building.  I understand that they’re going to be building the new store directly next to the Hawthorne Street sidewalk so that the new structure will occupy the spot where the parking lot is currently located.  The plan is to excavate out the space under the where the store will stand to create underground parking. 

I’ve been doing my best to pin someone down on timelines, but no one seems to be very certain of when the new construction will be done.  It sounds like a lot of the equation is weather dependant and that we’re looking at 10 to 12 months. 

In the mean time, there is the Fred Mayer at SE Hawthorne and Cesar E Chavez (39th), the Zupan’s at SE Belmont and 33rd, and two New Seasons (Division & 20th plus  Hawthorne & 42nd) to choose from.

      -Ron-

Market Recap

  • Avg. Sales Price: $289,800

  • Avg. Days on Market: 121

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