88 NW Murray Blvd, Portland, OR 97229
For Sale
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This exceptional mixed-use property, located at 88 NW Murray Blvd in Portland, Oregon, presents a lucrative investment opportunity. The building, constructed in 2007, boasts a total of 2,034 square feet, perfectly divided into 1,017 square feet of retail space on the ground floor and an equal amount of office space on the second floor. Currently operating at 100% occupancy, this property offers immediate cash flow. Situated on a 0.13-acre lot (APN R0636805), the building benefits from high visibility and significant traffic volume due to its strategic location directly off the Murray Boulevard exit of Highway 26. This provides excellent access to Highway 217, ensuring convenient commutes for both employees and customers. The property is zoned NC and features a two-story structure. The asking price is $995,000, translating to a price per square foot of $489.18. This represents a strong value proposition in the vibrant Portland market. The property's excellent location, combined with its current high occupancy rate and versatile floor plan, makes it an ideal investment for discerning buyers seeking a stable and profitable asset. Don't miss this chance to acquire a thriving mixed-use property in a prime Portland location.
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E-Fly Travel Inc Travel Agency
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Murray Massage Spa & Massage Center
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el jalisco 2 food truck Restaurant
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New Mobile Food Take-out & Catering Catering Service
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D'Elegant Nails Nail Salon
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
NC · Portland, ORPortland. Always verify with local authorities before improvements.
Costs & 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.