Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    7900-7912 35Th Ave Portland, OR 97219

    Sponsored
    For Sale
    $2,295,000

    Prime Portland location, high ROI potential

    Property size:
    6,554 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,554 square foot executive office building, constructed in 1914 and boasting a new roof, presents a unique owner-user opportunity in Portland, Oregon's desirable Multnomah Village. Located at 7900-7912 SW 35th Ave, 97219, this hard-corner property offers unparalleled visibility and convenient access to major highways, amenities, parks, schools, and public transportation. The building features a well-established, long-term restaurant tenant on the ground floor, generating a substantial net operating income (NOI) of $146,637.29, resulting in a compelling 6.39% cap rate. The asking price is $2,295,000. The second floor offers flexible space for an owner-user to occupy a portion or the entire area, effectively offsetting mortgage costs. A dedicated parking lot adds significant value. This property's prime location, strong tenant, and potential for future development make it an exceptional investment opportunity in a thriving Portland market. The building's history as a community staple, combined with its modern updates and strategic location, ensures a strong return on investment.

    Property Features for 7900-7912 35Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,554 SF

    Building Details

    Year Built
    1914

    HighLights

    • High‑visibility corner location in desirable Portland neighborhood with easy access to amenities, highways, and public transit.
    • High‑traffic corner location with established anchor tenant, Marco's Café.
    • Strong development potential due to high Portland real estate demand.
    • Rare dedicated parking lot.
    • Second‑floor lease flexibility for owner‑occupancy.
    • New roof.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.7126419
    Latitude
    45.4673368

    Nearby Similar for Sale

    • New
      $989,000
      0.08 Acres

      Innovative Duplex in Portland, Oregon

      Versatile duplex with potential for multi-generational living or rental income.
      16505 NW Liberty St, Portland, OR 97229
      View Details
    • $1,475,000
      5,899 SF

      Turn-Key Multifamily Investment Opportunity

      Well-maintained, income-generating property in desirable Mill Park neighborhood.
      2448 SE 117Th Ave, Portland, OR 97216
      View Details
    • $690,000
      0.11 Acres

      Richmond Duplex: Investment Opportunity

      Charming 1912 duplex in the heart of Richmond.
      3504 SE Sherman St, Portland, OR 97214
      View Details
    • New
      $474,900
      0.12 Acres

      Classic Portland Duplex Opportunity

      Rare Portland duplex with two units, ideal for investment.
      9023 SE Ankeny St, Portland, OR 97216
      View Details
    • $699,000
      2,164 SF

      Portland Duplex with Income Potential

      Spacious duplex in Portland, ideal for owners or investors.
      402 SE 75Th Ave, Portland, OR 97215
      View Details
    • New
      $2,800,000
      7,065 SF

      New Multifamily Investment Opportunity

      Newly constructed, fully rented property with condo conversion potential.
      6061 NE Simpson St, Portland, OR 97218
      View Details
    • New
      $550,000

      Montavilla Mixed-Use Development Opportunity

      Quarter-acre lot in Portland's Montavilla neighborhood with commercial zoning.
      415 SE 94Th Ave, Portland, OR 97216
      View Details
    • New
      $649,990
      1,447 SF

      Charming Concordia Duplex with ADU

      Updated 1949 duplex with permitted ADU and garden.
      3286 NE Holman St, Portland, OR 97211
      View Details
    • New
      $6,999,000
      15,956 SF

      New Multifamily Portfolio in Portland

      Portfolio of 17 units in prime Portland locations.
      NE Ainsworth St, Portland, OR 97211
      View Details
    • $839,900
      4,781 SF

      Portland Multifamily with Airbnb Potential

      Multigenerational living or short-term rental in Portland's SW Hills.
      3412 SW 13Th Ave, Portland, OR 97239
      View Details
    • $725,000
      4,500 SF

      Mixed-Use Property with Development Potential

      Mixed-use property with income, development potential, and CM2 zoning.
      8325 SE Division St, Portland, OR 97266
      View Details
    • New
      $640,000
      2,607 SF

      Remodeled Duplex in NW Portland

      Updated duplex in desirable NW Portland location, ideal for investors.
      2115 NW 22Nd Ave, Portland, OR 97210
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Portland location, high ROI potential
    Where is this office property / space located?
    The property is located at 7900-7912 35Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: High-visibility corner location in desirable Portland neighborhood with easy access to amenities, highways, and public transit.; High-traffic corner location with established anchor tenant, Marco's Café.; Strong development potential due to high Portland real estate demand.
    (503) 227-2500
    Request Owner's contact information
    7900-7912 35Th Ave Portland, OR 97219
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7900-7912 35Th Ave
    Portland, OR 97219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7900-7912 35Th Ave Portland, OR 97219
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.