2121 NE BROADWAY ST Portland, OR 97232
Retail storefront with a fully built-out commercial kitchen.
- Added:
- May 20, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 25 at 6:48 pm
Property Features for 2121 NE BROADWAY ST
General Information
- Standard status
- Active
- Size
- 5,750 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1947
Listing office Colliers - Portland, Oregon
Listing date May 20, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Portland, Oregon
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on Portland's NE Broadway corridor with high visibility and strong pedestrian traffic.
- Fully built‑out commercial kitchen, ideal for food and beverage operations.
- Flexible opportunity for owner‑user, investor, or food and beverage operator.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.4k | $19.20 |
| − Vacancy | −$7.2k | −$1.25 |
| EGI | $103.2k | $17.95 |
| − OpEx | −$25.8k | −$4.49 |
| NOI | $77.4k | $13.46 |
