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    2003 SE Belmont St Portland, OR 97214

    For Sale
    $850,000

    Retail building in Buckman with parking and development potential.

    Property size:
    960 SF

    Property Features for 2003 SE Belmont St

    General Information

    Size
    960 SF

    Source: Nicholas Diamond Agent Nicholas Diamond

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

    Overview

    Buckman Retail Building with Parking

    Located in the Buckman neighborhood of Southeast Portland, this retail building offers high visibility on a corner location at SE Belmont Street and SE 20th Avenue, across from Colonel Summers Park. The building has a size of 960 square feet and is situated on a 6,038 square foot (0.14 acre) lot. The property includes 12 surface parking spaces. The CM2 Commercial Mixed Use zoning provides flexibility for retail, office, and residential uses. The building includes 2 roll-up doors. It is less than 10 minutes from Downtown Portland. The property is suitable for a variety of uses, including a food cart pod, coffee shop, bar, or automotive business, and presents a future development opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Battery X-Change Car Battery Store

    Suggested Use

    Law Firm Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6453016
    Latitude
    45.516647

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    FAQs

    What type of property is this?
    Retail space - Retail building in Buckman with parking and development potential.
    Where is this retail space located?
    The property is located at 2003 SE Belmont St Portland, OR.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Flexible CM2 zoning allows for retail, office, and residential uses.; - High visibility corner location in the Buckman neighborhood.; - Future development opportunity on a 6,038 SF lot.
    (503) 222-2655
    Request Owner's contact information
    2003 SE Belmont St Portland, OR 97214
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    Portland, OR 97214
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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
    2003 SE Belmont St Portland, OR 97214
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