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1304 Powell Blvd Gresham, OR 97030

OFF-MARKET Commercial real estate Google Maps
2,177 SF 0.46 ac lot Built 1902
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 2,177 square foot commercial property, situated on a 0.46-acre lot at 1304 E Powell Blvd in the heart of Gresham, Oregon, presents a unique investment opportunity. The building, a beautifully remodeled two-story Victorian structure, boasts classic charm seamlessly integrated with modern commercial functionality. Its prime location on East Powell Boulevard ensures high visibility and accessibility for clients and employees. Ample parking is available on-site, a significant advantage in a busy urban setting. The property features a prominent monument sign, enhancing its presence and brand recognition. Recent upgrades include a newer roof and fresh exterior paint, preserving the building's historical character while ensuring its long-term durability. The interior retains many original details, including stunning stained-glass windows and attractive wood treatments, creating a sophisticated and inviting atmosphere. For added convenience, restrooms are conveniently located on both levels. Exterior storage is also provided, offering valuable additional space for equipment or supplies. This property is ideal for a variety of commercial uses and represents a rare blend of historical elegance and modern practicality in a highly desirable Gresham location. The asking price is $585,600.

Property profile

Verified
Property type Commercial real estate
Year built 1902
Total area 2,177 SF
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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