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    3137 82Nd Ave Portland, OR 97220

    Sponsored
    For Lease
    $28 SF/Yr ($4,727 /Mo)

    Versatile building, fully equipped kitchens, ideal location.

    Lot size:
    2,026 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,026-square-foot commercial property, situated on a 0.11-acre lot, presents a unique investment opportunity. Built in 1985 and extensively renovated in 2024, the single-story building boasts a versatile layout suitable for a variety of uses, including creative office, manufacturing, warehouse, distribution, R&D, and flex space. The property features two fully equipped, health department-approved commercial kitchens, perfect for food production or related businesses. Convenient loading and distribution are facilitated by roll-up doors and a dedicated loading area, complemented by ample on-site parking. Two shared ADA-compliant restrooms ensure accessibility. The building's prominent location, with 100 feet of frontage on NE Syskyou Street, offers excellent signage opportunities. Its strategic position between Fremont Street and NE Siskyou Street, adjacent to Madison High School and minutes from PDX, ensures high visibility and easy access. The property is locally owned and professionally managed, promising efficient and reliable operations. The 2024 renovation ensures modern amenities and functionality, making this a truly exceptional commercial space ready for immediate occupancy. The entire 2,026 square feet is currently vacant.

    Property Features for 3137 82Nd Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,026 SF
    Total Rate
    4727.33

    Building Details

    Year Built/Renovated
    1985/2024
    Stories
    1

    Unit(s) available at that property

    Space
    Suite B
    Size
    1,013 SF
    Rate per SF
    $28
    Space
    Suite A
    Size
    1,013 SF
    Rate per SF
    $28

    HighLights

    • 2,026 SF flex space, fully vacant, offering creative office, manufacturing, warehouse, distribution, R&D, and storefront options.
    • Recently renovated (2024) building on a 0.11‑acre lot, built in 1985.
    • Features two fully equipped commercial kitchens, ideal for food production businesses.
    • Includes convenient loading docks with roll‑up doors and a dedicated loading area.
    • Offers ADA‑compliant restrooms and ample on‑site parking.
    • Excellent signage opportunities available for increased brand visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Classic Shawarma LLC Mediterranean Restaurant La Republica Mexican ... Food Producer ABBAS Restaurant Taqueria Mexa Mexican Restaurant Peters Family Roofing ... Roofing Contractor

    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
    Washington
    State
    Oregon
    Longitude
    -122.57890972316
    Latitude
    45.545284153514

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    FAQs

    What type of property is this?
    Individual retail property - Versatile building, fully equipped kitchens, ideal location.
    Where is this individual retail property located?
    The property is located at 3137 82Nd Ave Portland, OR.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 2,026 SF flex space, fully vacant, offering creative office, manufacturing, warehouse, distribution, R&D, and storefront options.; Recently renovated (2024) building on a 0.11-acre lot, built in 1985.; Features two fully equipped commercial kitchens, ideal for food production businesses.
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    3137 82Nd Ave Portland, OR 97220
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    Portland, OR 97220
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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
    3137 82Nd Ave Portland, OR 97220
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