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    1605 NE Bdwy St Portland, OR

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    For Sale
    Contact for pricing

    Commercially zoned office/wellness suites in historic building on NE Broadway.

    Lot size:
    0.10 Acres

    Property Features for 1605 NE Bdwy St

    General Information

    Lot size
    0.10 Acres

    Source: Urban Works Real Estate Agent Charlotte Larson

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

    Overview

    Turnkey Office/Wellness Suites on Broadway

    This commercially zoned property features a house and shop space that has been converted into nine office and wellness suites. The property boasts beautiful, historic building details, along with abundant natural light and windows throughout. Situated in the heart of NE Broadway Street in Portland, Oregon, this turnkey and low-maintenance property presents a long-term investment or owner-user opportunity.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5134351
    Latitude
    45.4433066

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    FAQs

    What type of property is this?
    Office space - Commercially zoned office/wellness suites in historic building on NE Broadway.
    Where is this office space located?
    The property is located at 1605 NE Bdwy St Portland, OR.
    What are key features of this property?
    This property features: - Nine office/wellness suites in a commercially zoned building.; - Turnkey and low maintenance property.; - Located in the heart of NE Broadway St.
    (503) 228-3165
    Request Owner's contact information
    1605 NE Bdwy St Portland, OR
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    Portland, OR
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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
    1605 NE Bdwy St Portland, OR
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