Office Building with Billboard
For Sale
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35 NE Weidler St, Portland, OR 97232
Office building with fully gated parking and existing annual billboard and event parking revenue.
Property Size2,220 SF
Price / SF$1,058
Days on Market908
Property Features for 35 NE Weidler St
General Information
Standard status
Active
Size
2,220 SF
Property subtype
OFFICE
Site & Location
Traffic Count
34,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Listing Agency:
SVN Imbrie Realty
(503) 208-9400
Listed By:
Nick Krautter, PC
(503) 901-8100
Source:
Moodyscre
Added: Mar 21, 2024
Changed: Sep 13
Last Checked: Sep 14 at 7:04AM
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 SVN Imbrie Realty
Investment Insights
Based on property information with market context.
This office building offers an owner-user the option to occupy the entire property while retaining existing supplemental revenue. The property is supported by billboard leasing and event parking, generating approximately $40,500 per year. A sizable, fully gated and secure parking lot serves the building.
Located between NE Broadway St. and NE Weidler St., the property is positioned just off I-5, with convenient access to MAX Light Rail and streetcar lines. The remarks also note proximity to the Moda Center and a high Walk Score of 91 and Bike Score of 97, along with multiple public transportation choices nearby.
Visibility is a key feature: prominent signage is described at the intersection of the I-5 North exit ramp and NE Weidler St., where an estimated 34,000 vehicles pass by daily. The billboard is positioned overlooking I-5, and the parking lot provides access to both I-5 North and South. The building totals approximately 2,220 square feet.
Located between NE Broadway St. and NE Weidler St., the property is positioned just off I-5, with convenient access to MAX Light Rail and streetcar lines. The remarks also note proximity to the Moda Center and a high Walk Score of 91 and Bike Score of 97, along with multiple public transportation choices nearby.
Visibility is a key feature: prominent signage is described at the intersection of the I-5 North exit ramp and NE Weidler St., where an estimated 34,000 vehicles pass by daily. The billboard is positioned overlooking I-5, and the parking lot provides access to both I-5 North and South. The building totals approximately 2,220 square feet.
Key Highlights
- Office building with fully gated, secure parking lot
- Existing annual income of approx. $40,500 from billboard leasing and event parking
- Prominent signage at I‑5 North exit ramp and NE Weidler St., with estimated 34,000 vehicles passing daily
Property Analytics
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Current Use
Lease Details
34,000 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,257
Businesses Nearby
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Business Placement
Demographics for 97232, OR
15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value
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Market
Vacancy Rate% for Office in Portland, OR
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Frequently Asked Questions
What type of property is this?
Office building - Office building with fully gated parking and existing annual billboard and event parking revenue.
Where is this office building located?
The property is located at 35 NE Weidler St Portland, OR.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Office building with fully gated, secure parking lot; Existing annual income of approx. $40,500 from billboard leasing and event parking; Prominent signage at I‑5 North exit ramp and NE Weidler St., with estimated 34,000 vehicles passing daily
