2003 SE Belmont St Portland, OR 97214
This vacant, 960-square-foot retail building is located at 2003 SE Belmont St, Portland, OR 97214, in the desirable Buckman neighborhood. The property sits on a 6,038-square-foot lot (approximately 0.14 acres) and features one single-story building with two roll-up doors, providing ample flexibility for various uses. The asking price is $850,000, translating to $885.42 per square foot. The property boasts 12 surface parking spaces and is zoned CM2 – Commercial Mixed Use 2, allowing for a range of possibilities including retail, office, and even residential uses. Its high visibility and location make it ideal for a variety of businesses, such as a food cart pod, coffee shop, bar, or automotive-related enterprise. The property's Assessed Parcel Numbers are R130824 and R130825. This presents a compelling opportunity for future development in a thriving Portland neighborhood. The building is currently vacant.
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Battery X-Change Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CS · Portland, ORCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.