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    8283 Barbur Blvd Portland, OR 97219

    Sponsored
    For Sale
    $1,125,000

    Portland Retail & Apartment Opportunity

    Property size:
    4,070 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 8283 SW Barbur Blvd, Portland, OR 97219, offers a unique owner-user opportunity. The 4,070 square foot building, constructed in 1951 and situated on a 4,768 square foot lot, boasts a recently renovated two-bedroom, one-bathroom apartment on the top floor. The apartment features a new kitchen, bathroom, flooring, and paint. The two levels of commercial space have undergone significant improvements, including updated restrooms, fresh paint, new lighting, HVAC systems, and a new fence. The first floor includes a medical build-out with multiple treatment rooms and access to a secure rear parking lot. The middle floor offers street-level commercial space. The building is currently 50% occupied and zoned CM2 (Commercial Mixed Use 2, City of Portland). The seller is open to leasing back a portion of the building. The property benefits from excellent signage visibility on Barbur Boulevard and convenient access to I-5 and Highway 99. Priced at $1,125,000, this is a compelling investment opportunity with significant upside potential. The gross lease structure provides straightforward income management.

    Property Features for 8283 Barbur Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,070 SF

    Building Details

    Year Built
    1951
    Stories
    2

    HighLights

    • Fully renovated 2 bed/1 bath apartment, updated HVAC, fence, and parking lot.
    • Mixed‑use building with residential and commercial space (one apartment, two commercial floors).
    • Partial building leaseback available to seller.
    • Excellent Barbur Boulevard signage.
    • Convenient I‑5/Highway 99 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jared Dean - State ... Insurance Agency Sara Ohgushi Midwife Open River Acupuncture Acupuncture Clinic Roberto Masferrer, LAC Acupuncture Clinic Natural Traditions PC Association Or Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6988645
    Latitude
    45.4652214

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    FAQs

    What type of property is this?
    Mixed-use property - Portland Retail & Apartment Opportunity
    Where is this mixed-use property located?
    The property is located at 8283 Barbur Blvd Portland, OR.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: Fully renovated 2 bed/1 bath apartment, updated HVAC, fence, and parking lot.; Mixed-use building with residential and commercial space (one apartment, two commercial floors).; Partial building leaseback available to seller.
    Request Owner's contact information
    8283 Barbur Blvd Portland, OR 97219
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    Portland, OR 97219
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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
    8283 Barbur Blvd Portland, OR 97219
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