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    1835 NE 3Rd Ave Portland, OR 97212

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    For Lease
    $1,110,000

    Flex space with easy access to I-5 and CBD.

    Property size:
    3,600 SF
    Lot size:
    0.23 Acres

    Property Features for 1835 NE 3Rd Ave

    General Information

    Size
    3,600 SF
    Lot size
    0.23 Acres

    Source: Capacity Commercial Group Agent Ryan Bowers

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

    Overview

    Flex Space with Outdoor Storage

    This property, suitable for sale or lease, presents an opportunity for an owner-user, development, or redevelopment. Situated on a 0.23-acre lot, the property includes fenced outdoor storage. It is located in an Opportunity Zone and offers potential as a makers space with room to grow. The property provides convenient access to I-5, the Central Business District (CBD), and nearby amenities. The building has a size of 3,600 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Riggio Ukulele Hobby Store Artisan Woodworking & Design Cabinet Maker

    Suggested Use

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

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

    Similar Places Nearby

    Ko sisters Catering, Montrose Smoked Fish Co, Catering for a Cause, Volunteers of America Oregon, Devil's Food Catering, Aramark

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6629607
    Latitude
    45.5363733

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    FAQs

    What type of property is this?
    Flex space - Flex space with easy access to I-5 and CBD.
    Where is this flex space located?
    The property is located at 1835 NE 3Rd Ave Portland, OR.
    What are key features of this property?
    This property features: - Owner-user, development, or redevelopment opportunity; - Located in an Opportunity Zone; - Makers Space with room to grow
    (503) 816-3925
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    1835 NE 3Rd Ave Portland, OR 97212
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    Portland, OR 97212
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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
    1835 NE 3Rd Ave Portland, OR 97212
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