2518 Broadway StPortland, OR 97232

Property Details for 2518 Broadway St

Year built

1981

Lot size

0.26 AC

Property size (Sq ft)

14,960 SF

Zone code

CS

Property type

Retail space

APN

1N1E25CC 13700

APU

1N1E25CC13700

Description

This exceptional two-story, 14,926 square foot building, located at 2518-2524 NE Broadway Street in Portland, Oregon's Lloyd District (zip code 97232), offers multiple executive office spaces for lease. The property, built in 1981 and situated on a 0.26-acre lot, is zoned CM2 and features convenient elevator access. Currently, 2,349 square feet of space is available, with individual suites ranging from a minimum of 531 square feet to a maximum contiguous space of 1,818 square feet. The building's prime location provides excellent visibility from NE Broadway Street, boasting strong signage opportunities. Tenants will benefit from easy access to Interstate 84, downtown Portland, and Portland International Airport. This multi-tenant property presents a unique opportunity for businesses seeking a well-located and accessible office space in a thriving Portland submarket. The building's features include excellent signage visibility and easy access to major transportation arteries. This is an ideal location for businesses seeking high visibility and convenient access to the city's amenities. Multnomah County location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,040,103

  6.5%

  $5,575,480

  7%

  $5,177,231

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,260,112

  Geo Method

  $7,260,112

• Alternative Use

  Use

  Valuation

  Residential

  $4,703,126

  Hospitality

  $4,308,038

  Educational

  $3,584,237

  Medical

  $3,707,504

  Retail

  $5,575,480

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5349

Longitude

-122.639

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].