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2929 SE Powell BLVD Portland, OR $ 39,500
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$ 39,500 Get more info
2929 SE Powell BLVD
$ 39,500
Back to search
Share Save

2929 SE Powell BLVD

Portland, OR, 97202
$ 39,500
Baths0.0 Sq 3,000

Monthly Estimate*

$ 276

2929 SE Powell BLVD, Portland, OR 97202 - Image 1
2929 SE Powell BLVD, Portland, OR 97202 - Image 2
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2929 SE Powell BLVD, Portland, OR 97202 - Image 4
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Studio

Commercial Property for sale in Portland, OR

for $39,500. This 3,000 square foot building was built in 1955.

Great opportunity to own an up-and-coming gym/fitness business in the heart of Portland. Seller has doubled the gross income of the business from 2022-2023. New 700 square foot exercise/yoga/floating dance floor installed at the end of 2023. All equipment, furnishing, sound and lighting systems, business name, branding assets, lease (three years left on existing lease) client list included in purchase. Assignment of lease to new business owner(s) subject to approval by the lessor. Showings by appointment only through listing broker. Do not disturb current business owner. Seller wants to be cashed out. No contracts. Listing broker is related to seller

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Commercial Active

Price

$ 39,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Year Built

1955

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24677409
Features
General
Sewer PublicSewer
Heating ForcedAir
Zoning x
Year Built 1955
Sale Includes Business BusinessName Equipment
Property SubType Commercial
Current Use AthleticFacility
Gross Income 60964.0
County Multnomah
Operating Expense 35609.0
Property Type CommercialSale
Status Active
Directions Powell Blvd to SE 29th North on 29th to 2929 SE Powell #7
City Portland
MLS Area _143
Street Name Powell
Listing Terms Cash
Tax Annual Amount 0
Property Condition Existing
Days on Market 69
Lease Type YearsRemaining1to5 Gross
Standard Status Active
Lease Amount 2439.0
Legal Description x
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Exterior
Parking Features OffStreet Paved
Water Source PublicWater
Total Parking 2.0
Building Area Total 3000.0
Road Surface Type Paved
Other Equipment Fixtures Furniture SmokeDetector Sprinkler
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Interior
Street Suffix BLVD
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Internal Only
Street Number 1 2929
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* Excluded Features
List By
Vantage Point Properties Inc

Broker

gary@vppihomes.com

Email

Affordability Calculator

$276
Per Month
100%
0%
0%
Monthly Principal & Interest
$276
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/17/2024$39,500 Listed Price

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2929 SE Powell BLVD, Portland, OR, 97202 is a Commercial Property for sale at $39,500 with 3,000 sqft. 2929 SE Powell BLVD is a studio with 0.0 baths and was built in 1955. The property's zip code is 97202 which is in Portland, OR

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