Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2931-2935 NE Broadway St Portland, OR 97232

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $834,000

    Stabilized commercial property with long-term tenants on a busy corner.

    Property size:
    3,338 SF

    Property Features for 2931-2935 NE Broadway St

    General Information

    Size
    3,338 SF

    Building Details

    Year built
    1907

    Source: Marissa Lee Agent Marissa Lee

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

    Overview

    Corner Retail Investment Opportunity

    This two-story commercial property, currently home to a barber shop, wellness center, and counseling practice, is a stabilized asset featuring a shop front and fully occupied first and second-level offices. Recent updates include an approximately 8-year-old roof, Milgard windows, eco-friendly paint, marmoleum, and carpet. The suites have dedicated restrooms, kitchenette/breakrooms, private entrances, and common area laundry access. The property benefits from bright natural light and historic characteristics. Located at the intersection of NE Broadway and NE 30th Ave, the property experiences heavy foot traffic and high traffic counts. It is serviced by TriMet bus lines 70 and 77, with bus stops a half block away. Situated across from Fred Meyer and just two blocks from I-84, it provides convenient access to downtown Portland and the Portland Airport. There is potential for two food cart pads on the east side of the building with water and electrical access for additional income. The property is within walking distance of breweries, restaurants, and grocery stores.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.63566
    Latitude
    45.535214

    Nearby Similar for Sale

    • $3,600,000
      4.51 Acres

      Forested Acres with Rental Units

      Unique investment opportunity near downtown Portland with high revenue potential.
      8720 SW Katherine Ln, Portland, OR 97225
      View Details
    • $989,000
      0.08 Acres

      Innovative Duplex in Portland, Oregon

      Versatile duplex with potential for multi-generational living or rental income.
      16505 NW Liberty St, Portland, OR 97229
      View Details
    • $370,000
      1,109 SF

      Renovated Loft in Pearl District

      Stunning, remodeled loft with commercial potential in prime location.
      1314 NW Irving St, Portland, OR 97209
      View Details
    • $1,075,000
      3,007 SF

      Office/Medical Building on Beaverton-Hillsdale Highway

      Well-maintained office/medical building in prime location with development opportunities.
      7303 SW Beaverton Hillsdale Hwy, Portland, OR 97225
      View Details
    • $1,475,000
      5,899 SF

      Turn-Key Multifamily Investment Opportunity

      Well-maintained, income-generating property in desirable Mill Park neighborhood.
      2448 SE 117Th Ave, Portland, OR 97216
      View Details
    • $690,000
      0.11 Acres

      Richmond Duplex: Investment Opportunity

      Charming 1912 duplex in the heart of Richmond.
      3504 SE Sherman St, Portland, OR 97214
      View Details

    FAQs

    What type of property is this?
    Retail space - Stabilized commercial property with long-term tenants on a busy corner.
    Where is this retail space located?
    The property is located at 2931-2935 NE Broadway St Portland, OR.
    What is the asking price?
    The asking price for this property is $834,000.
    What are key features of this property?
    This property features: - Stable investment property with long-term tenants in place.; - High-visibility corner lot at the intersection of NE Broadway and NE 30th Ave with heavy foot and vehicle traffic.; - Potential for two food cart pads with water and electrical access for additional income.
    (971) 280-2222
    Request Owner's contact information
    2931-2935 NE Broadway St Portland, OR 97232
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2931-2935 NE Broadway St
    Portland, OR 97232
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2931-2935 NE Broadway St Portland, OR 97232
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.