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    119 NE 3 Gresham, OR 97030

    For Sale
    $435,000

    Professional suite in downtown Gresham with high visibility and modern finishes.

    Property size:
    1,470 SF

    Property Features for 119 NE 3

    General Information

    Size
    1,470 SF

    Building Details

    Year built
    2001

    Source: EXP REALTY, LLC Agent STEPHEN FITZMAURICE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Gresham Medical/Office Suite

    Located in downtown Gresham, this professional medical/office suite offers an opportunity for businesses seeking a high-visibility location with street presence. Situated on a well-trafficked section of Third Street, the property provides exposure for signage and access for clients and patients. The 1,470 square-foot suite features multiple private exam rooms, designed to support patient comfort and staff workflow, making it suitable for medical, dental, or wellness practices. The suite features modern fixtures and finishes throughout, creating a professional and welcoming environment. The layout is flexible and can be adapted for general office use, offering a solution for professional services. The suite is located near public transit and a variety of shops, restaurants, and community amenities.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Catering Service Seafood Restaurant Fish Market Diner Shoe Repair Storage Facility Supermarket Chinese Restaurant Bike Shop Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Dogwood Pet Hospital, Dogwood Pet Hospital: Prull Becky DVM, Decker Diane DVM, Banfield Pet Hospital, Tri-Met Banfield Light Rail

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.431
    Latitude
    45.5092

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    FAQs

    What type of property is this?
    Medical office - Professional suite in downtown Gresham with high visibility and modern finishes.
    Where is this medical office located?
    The property is located at 119 NE 3 Gresham, OR.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - High-visibility location in downtown Gresham with strong street presence.; - Multiple private exam rooms designed for medical/office use.; - Tasteful, modern fixtures and finishes throughout.
    (888) 814-9613
    Request Owner's contact information
    119 NE 3 Gresham, OR 97030
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    Gresham, OR 97030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 NE 3 Gresham, OR 97030
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