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Blue Heron Building 1934 NE Broadway St 2,718 SF 100% Leased Office Building Portland, OR 97232 $985,000 ($362.40/SF)



Executive Summary
The thriving NE Broadway corridor is a magnet for Irvington, Grant Park, Laurelhurst, and Lloyd District residents seeking professional services, office, and shopping opportunities. It is home to signature restaurants/bars, retailers, and medical, financial, and personal service providers. It is connected to Downtown Portland by the Broadway Bridge and directly linked to I-84, I-5, MAX light rail, and several TriMet bus lines. NE Broadway has continued to prosper in spite of uneven economic conditions and historically has been a vital part of the City’s cultural and professional life.
PROPERTY HIGHLIGHTS
* Great visibility from NE Broadway
* Dual entrance/exit 5 space parking lot
* ADA accessible (ramp accessible directly from parking lot)
* Extensive streetscape upgrades Summer 2025 on NE Broadway
* 8 offices, 3 restrooms
PROPERTY HIGHLIGHTS
* Great visibility from NE Broadway
* Dual entrance/exit 5 space parking lot
* ADA accessible (ramp accessible directly from parking lot)
* Extensive streetscape upgrades Summer 2025 on NE Broadway
* 8 offices, 3 restrooms
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,718 SF
Building Class
C
Year Built
1908
Price
$985,000
Price Per SF
$362.40
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,359 SF
Slab To Slab
8’
Building FAR
0.60
Lot Size
0.10 AC
Zoning
C2, Portland - Commercial/Mixed Use
Parking
5 Spaces (1.84 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
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Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (100)
Property Taxes
| Parcel Number | R193035 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $232,630 |
Property Taxes
Parcel Number
R193035
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$232,630
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Blue Heron Building | 1934 NE Broadway St
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