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    35 20Th Pl Portland, OR 97209

    Sponsored
    For Lease
    Contact for pricing

    Historic building, 10 parking spaces, ideal location.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-story, 1,000 square foot medical office building, constructed in 1921 and renovated in 2000, presents a unique investment opportunity in the heart of Portland, Oregon. Situated at 35 NW 20th Place, near the intersection of Burnside Street, this free-standing building offers a convenient and highly desirable location. The property boasts ample parking with 10 spaces, a significant advantage in this vibrant urban setting. Currently configured for multiple tenants, the building is zoned CX – Central Commercial, allowing for a variety of uses. Its proximity to Providence Park and the Stadium Fred Meyer provides excellent visibility and accessibility. The building's history and recent renovations combine to offer a blend of character and modern functionality. The property's single-story design ensures easy navigation and accessibility for patients and staff. This is a rare opportunity to acquire a well-maintained, historically significant commercial property in a prime Portland location. The building's location and amenities make it an attractive option for a variety of medical practices or other commercial ventures. The 1,000 square feet of space is currently available.

    Property Features for 35 20Th Pl

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Building Details

    Year Built/Renovated
    1921/2000
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • Move‑in ready medical clinic with six exam rooms, two restrooms, and a waiting area.
    • High ceilings (12'5") with exposed bow truss construction.
    • Brick exterior with wood beam accents.
    • Secure gated parking lot with ten spaces.
    • Centrally located commercial zoning (CX).
    • HVAC system updated with a 5‑ton gas pack (2000) and two 4‑ton split systems (2007).
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Law Firm Daycare Center 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
    -122.69358371
    Latitude
    45.52369102

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    FAQs

    What type of property is this?
    Medical office - Historic building, 10 parking spaces, ideal location.
    Where is this medical office located?
    The property is located at 35 20Th Pl Portland, OR.
    What are key features of this property?
    This property features: Move-in ready medical clinic with six exam rooms, two restrooms, and a waiting area.; High ceilings (12'5") with exposed bow truss construction.; Brick exterior with wood beam accents.
    Request Owner's contact information
    35 20Th Pl Portland, OR 97209
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    Portland, OR 97209
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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
    35 20Th Pl Portland, OR 97209
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