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    128 NE Broadway St Portland, OR 97232

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    For Lease
    Contact for pricing

    Retail, creative office, and storage spaces in Central Eastside.

    Property Features for 128 NE Broadway St

    General Information

    Zoning
    CX - Central Commercial

    Source: Seth Platsman Agent Seth Platsman

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

    Overview

    Central Eastside Retail/Office/Storage Space

    The Tourtellotte Building, situated in the Central Eastside, offers a mix of retail, creative office, and storage spaces. Metered parking is available on 2nd Avenue and Broadway Street, with free parking located north of NE Broadway Street. The Portland Streetcar provides convenient access, stopping less than a block away at NE Broadway Street & 2nd Avenue. East/west streetcar and bus stops are located on either side of the block, and I-5 is within blocks. The location boasts a Walk Score of 92 and a Bike Score of 100. The Convention Center, Moda Center, Lloyd Center, Pearl District, and Old Town are all within walking distance. The property benefits from outstanding car, streetcar, bus, bike, and pedestrian access. Located in an Opportunity Zone, the property may offer potential tax advantages. Basement storage space is potentially available for rent around the corner on NE 2nd Avenue.
    Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.664385
    Latitude
    45.535039

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    FAQs

    What type of property is this?
    Creative space - Retail, creative office, and storage spaces in Central Eastside.
    Where is this creative space located?
    The property is located at 128 NE Broadway St Portland, OR.
    What are key features of this property?
    This property features: - Excellent transportation access via car, streetcar, bus, bike, and pedestrian.; - Walker's Paradise (Walk Score of 92) and **Biker's Paradise (Bike Score of 100)**.; - Located in an Opportunity Zone, offering potential tax advantages.
    (503) 416-0091
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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
    128 NE Broadway St Portland, OR 97232
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