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    7320 NE Fremont St Portland, OR 97213

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    For Sale
    $1,325,000

    Two-tenant retail property with stable leases and development potential.

    Property size:
    4,860 SF
    Lot size:
    0.34 Acres

    Property Features for 7320 NE Fremont St

    General Information

    Size
    4,860 SF
    Lot size
    0.34 Acres

    Source: Norris & Stevens, Inc. - Corporate Agent Greg Nesting

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

    Overview

    Retail Investment Opportunity in Portland

    This retail investment property, constructed in 1960, features a building with slab-on-grade construction, concrete and CMU walls, and a wood roof. The property is currently configured as a two-tenant retail space. The estimated net income for 2023 is $75,917.16, supported by stable lease terms. The site is zoned CM2 (commercial mixed use 2), suggesting potential for future development. There are 14 off-street parking spaces available. Pole signage is present along NE Fremont Street. The building was originally built as an auto parts store.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bitstop Bitcoin ATM Crypto Atm Coinsource Bitcoin ATM Atm Mapi's Market & Gemstone ... Convenience Store

    Suggested Use

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

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

    Similar Places Nearby

    Five Stars Auto Glass Llc, Gibson Auto & Electric, Portland Pro Detail, Portland Mobile Tire Guys, Ken Van Damme's Automotive

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5871815
    Latitude
    45.5479847

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    FAQs

    What type of property is this?
    Auto shop - Two-tenant retail property with stable leases and development potential.
    Where is this auto shop located?
    The property is located at 7320 NE Fremont St Portland, OR.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: - 2023 estimated net income of $75,917.16; - Great future development site; - Zoned CM2 (commercial mixed use 2)
    (503) 223-3171
    Request Owner's contact information
    7320 NE Fremont St Portland, OR 97213
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    Portland, OR 97213
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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
    7320 NE Fremont St Portland, OR 97213
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