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    3536 26Th Ave Portland, OR 97202

    Sponsored
    For Sale
    $2,600,000

    9,490 SF Office, $2.6M, CM2 Zoning

    Property size:
    9,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,490 square foot executive office building, located at 3536 SE 26th Ave in Portland, Oregon's desirable Multnomah County (zip code 97202), presents a unique investment opportunity. Built in 1926, the property boasts three levels of office space, meeting areas, and ample storage, all within a stand-alone structure. The building features an elevator for convenient access to all floors and benefits from extensive renovations throughout its history. The property sits on a substantial 23,388 square foot lot and is zoned CM2, offering considerable flexibility for future development. While the existing structure requires attention to some long-term structural concerns, this presents a potential path towards redevelopment. Ample parking is available on-site. Note that the seller may require a short-term leaseback of a few months following the closing of the sale. This property is priced at $2,600,000 and offers a compelling blend of existing functionality and significant redevelopment potential in a highly sought-after Portland location. The property's unique character and substantial lot size make it an attractive proposition for discerning investors.

    Property Features for 3536 26Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    9,490 SF

    Building Details

    Year Built
    1926

    HighLights

    • Free‑standing building with abundant parking.
    • CM2 zoning.
    • 1926 construction.
    • Elevator service.
    • Potential short‑term leaseback by seller post‑closing; contact brokers for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    SEIU Local 49 Labor Union SEIU UHW West ... Labor Union

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -122.639274
    Latitude
    45.4972558

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    FAQs

    What type of property is this?
    Office Property / Space - 9,490 SF Office, $2.6M, CM2 Zoning
    Where is this office property / space located?
    The property is located at 3536 26Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Free-standing building with abundant parking.; CM2 zoning.; 1926 construction.
    Request Owner's contact information
    3536 26Th Ave Portland, OR 97202
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    Portland, OR 97202
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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
    3536 26Th Ave Portland, OR 97202
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