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    2935 NE Broadway St Portland, OR 97232

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    For Sale
    $834,000

    Two-story commercial property with long-term tenants in a busy location.

    Property size:
    3,338 SF
    Lot size:
    0.07 Acres

    Property Features for 2935 NE Broadway St

    General Information

    Size
    3,338 SF
    Lot size
    0.07 Acres

    Source: Commercial Real Estate NW Agent Denise Brohoski

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

    Overview

    Two-Story Commercial Property For Sale

    This two-story commercial property, situated on a busy corner lot, is home to an upscale barber shop, a wellness center, and a counseling practice. The property features a shop front, with both the first and second level offices fully occupied by long-term tenants, representing a stabilized asset. Recent updates include a roof approximately 7 years old, Milgard windows, eco-friendly paint, marmoleum, and carpet. There is potential for two food cart pads on the east side of the building, with water and electrical access. The property size is 3338 square feet.
    Insight Report 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

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    FAQs

    What type of property is this?
    Retail space - Two-story commercial property with long-term tenants in a busy location.
    Where is this retail space located?
    The property is located at 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: - Stabilized asset with long-term tenants; - Fully occupied two-story commercial property; - Potential for two food cart pads with utilities
    (503) 309-5106
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    2935 NE Broadway St Portland, OR 97232
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    Portland, OR 97232
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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
    2935 NE Broadway St Portland, OR 97232
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