2931-2935 NE Broadway St - Storefront Retail/Office FOR SALE


Portland, OR 97232
$834,000 USD
971-280-2222
2931-2935 NE Broadway St, Portland, OR for Sale
$834,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

2931-2935 NE Broadway St
Portland, OR 97232


HIGHLIGHTS

  • Stable investment property with long term tenants
  • Highly visible corner lot
  • Two blocks from I-84

OVERVIEW

Long term tenancies include a wellness center and counseling practice in this stabilized asset. The three-story commercial property built in 1907, includes a main level storefront suite with historical charm, and fully occupied second and third level off ices. Recent updates include a +/- 8 yr old roof and water heater, Milgard windows, low VOC paint, eco-friendly marmoleum flooring, and carpet produced from recycled aluminum cans. Potential for two food cart pads on east side of building with water and electrical access offers potential for additional income.

FOR SALE DETAILS

PRICE

$834,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,870 SF

ZONING

CM2

APN/PARCEL ID

R216665

ASK ABOUT THIS PROPERTY

Marissa LeeCommercial Real Estate NWMore Info
971-280-2222

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Marissa LeeCommercial Real Estate NWMore Info
971-280-2222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.