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    2003 Belmont St Portland, OR 97214

    Sponsored
    For Sale
    $850,000

    Buckman neighborhood retail building, high visibility.

    Property size:
    960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This vacant, 960-square-foot retail building is located at 2003 SE Belmont St, Portland, OR 97214, in the desirable Buckman neighborhood. The property sits on a 6,038-square-foot lot (approximately 0.14 acres) and features one single-story building with two roll-up doors, providing ample flexibility for various uses. The asking price is $850,000, translating to $885.42 per square foot. The property boasts 12 surface parking spaces and is zoned CM2 – Commercial Mixed Use 2, allowing for a range of possibilities including retail, office, and even residential uses. Its high visibility and location make it ideal for a variety of businesses, such as a food cart pod, coffee shop, bar, or automotive-related enterprise. The property's Assessed Parcel Numbers are R130824 and R130825. This presents a compelling opportunity for future development in a thriving Portland neighborhood. The building is currently vacant.

    Property Features for 2003 Belmont St

    General Information

    Property type
    Automotive properties
    Square Feet
    960 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • High‑visibility location in Portland's Buckman neighborhood.
    • Versatile multi‑use potential.
    • Features two roll‑up doors.
    • Abundant on‑site parking.
    • Flexible zoning permits retail, office, and residential uses.
    • Suitable for various uses, including food carts, cafes, bars, and automotive businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Battery X-Change Car Battery Store

    Suggested Use

    Law Firm Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.64557874038
    Latitude
    45.516514954945

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    FAQs

    What type of property is this?
    Automotive property - Buckman neighborhood retail building, high visibility.
    Where is this automotive property located?
    The property is located at 2003 Belmont St Portland, OR.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: High-visibility location in Portland's Buckman neighborhood.; Versatile multi-use potential.; Features two roll-up doors.
    Request Owner's contact information
    2003 Belmont St Portland, OR 97214
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    Portland, OR 97214
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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
    2003 Belmont St Portland, OR 97214
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