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    400 NE Roberts Gresham, OR 97030

    For Sale
    $1,950,000

    Turnkey medical office building with redevelopment potential.

    Property size:
    6,573 SF
    Lot size:
    0.28 Acres

    Property Features for 400 NE Roberts

    General Information

    Standard status
    Active
    Size
    6,573 SF
    Lot size
    0.28 Acres

    Building Details

    Year built
    1969

    Source: OREGON FIRST Agent RACHEL SHELLER

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

    Overview

    Downtown Gresham Investment Opportunity

    Located in downtown Gresham, this property at 400 NE Roberts Avenue presents an investment opportunity. The property, formerly the Roberts Street Clinic for over 50 years, features a turnkey interior with 12 rooms and larger offices. It includes 24 dedicated parking spaces. The site consists of two tax lots totaling 0.56 acres and is zoned DCC, offering future-use flexibility, including residential or mixed-use redevelopment. The property is available for immediate occupancy and offers strong street visibility. Examples of development potential include street-level retail with three additional residential stories. The building size is 6,573 square feet.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Storage Facility Catering Service Wine and Liquor Store Seafood Restaurant Fish Market Cosmetics Store Shoe Repair Supermarket Chinese Restaurant Bed & Breakfast

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

    Similar Places Nearby

    Dogwood Pet Hospital, Dogwood Pet Hospital: Prull Becky DVM, Banfield Pet Hospital, Tri-Met Banfield Light Rail

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.431
    Latitude
    45.5092

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    FAQs

    What type of property is this?
    Medical office - Turnkey medical office building with redevelopment potential.
    Where is this medical office located?
    The property is located at 400 NE Roberts Gresham, OR.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Prime downtown Gresham location with **24 dedicated parking spaces.**; - Flexible DCC zoning allows for residential or mixed-use redevelopment.; - Turnkey interior with **12 rooms and larger offices suitable for immediate occupancy.**
    (503) 667-5686
    Request Owner's contact information
    400 NE Roberts Gresham, OR 97030
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    Gresham, OR 97030
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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
    400 NE Roberts Gresham, OR 97030
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