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1804 NE Broadway St
Portland, OR 97232
Speedy Auto Glass · Retail Property For Sale

Investment Highlights

  • Heavy foot traffic
  • New exterior paint
  • New electrical panel
  • New HVAC units in warehouse
  • Close to public transit lines, walkable neighborhood
  • New elastomeric roof covering

Executive Summary

Direct sale by owner of this great automotive repair commercial property. Lease was renewed for five years beginning January 1, 2023, and includes two five-year renewal options. Please contact owner to tour the property; do not approach the tenants.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,000 SF
Building Class
C
Year Built
1971
Price
$1,650,000
Price Per SF
$330
Cap Rate
3.94%
NOI
$65,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.21 AC
Zoning
CS, Portland - Storefront Commercial
Parking
8 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
100’ on NE Broadway

Amenities

  • Bus Line
  • Commuter Rail
  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
R193021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$538,060
  • Listing ID: 26949685

  • Date on Market: 10/27/2022

  • Last Updated:

  • Address: 1804 NE Broadway St, Portland, OR 97232

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