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Finnegan’s Toys & Gifts, the independent and locally-owned toy store, is moving three blocks from its current location in downtown Portland.

Finnegan’s will leave its space at the Blanchard Building, 922 S.W. Yamhill Street, and move to the Stevens Building at 820 S.W. Washington Street, the company said today. The windows of its new ground floor retail space are already painted.

The store will occupy space on the lower level and the second floor. The grand opening will be next month.

The store has been at its location on Southwest Yamhill Street for 30 of the 34 years its been in business. It’s moving because the new building has “a better configuration of space” and “a lot more light,” said owner Karen Leppman.

“It’s almost the same neighborhood,” Leppman said. “But it feels a bit different. It’s near the food carts, which is  a big draw.”

Finnegan’s also opened a new location at Bridgeport Village last year.

Doug Bean of Doug Bean & Associates represented Finnegan’s in the transaction. Bob Butler of Butler Brokers represented the owner of the Stevens Building, the Portland chapter of the Church of Scientology.

The Stevens Building is currently for sale at an asking price of $4.95 million.