2931 Broadway Portland, OR 97232
- Office Properties & Spaces
- 3,338 SF
Current Use by Public Records
- Erica A. Fayrie, LPC / Counselor / Mental Health Service
- Alyssa Mackintosh Counseling / Mental Health Service / Social Worker
- Beth Putz Counseling / Family Counselor
- Divine Hunger Somatic Psychotherapy / Psychotherapist / Psychosomatic Medical Practitioner
- Kellie Supriano / Counselor
Property Details for 2931 Broadway
- Property size
- 3,338 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 3,338 square foot, Class B office building located at 2931-2935 NE Broadway in Portland, Oregon, presents a compelling investment opportunity. Currently boasting 100% occupancy with a mix of stable, long-term tenants including an upscale barber shop, wellness center, and counseling practice, this stabilized asset offers immediate cash flow. The two-story building features a desirable street-level storefront, complemented by fully occupied office spaces on both the first and second floors. Recent upgrades enhance the property's value and appeal, including a roof (approximately 7 years old), Milgard windows, and eco-friendly paint, marmoleum flooring, and carpeting. Adding to its potential, the property offers the possibility of developing two food cart spaces on the east side, complete with readily available water and electrical hookups. Situated in Multnomah County, Oregon, with a 97232 zip code, this property is ideally positioned within a thriving Portland neighborhood. The asking price for this multi-tenant office building is $899,000. This represents a strong investment opportunity in a desirable location with excellent potential for future growth and appreciation.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.635
- Latitude
- 45.5351