1325 Nw Flanders St, Portland, Or 97209

$4,490,000

5

Beds

.4

Baths

9,900

SqFt

Two unique historic Pearl Commercial Condos currently used as office space. Can potentially be used as live/work opportunity. Buyer to confirm with city. Great investment or owner occupied opportunity. 2.5 years remain on 2 very attractive NNN leases. Call for details. Main floor $13,795/mo NNN 2nd floor $10,525/mo NNN. Actual in-place cap rate is 6.2%, factoring 5% vacancy and 5% exterior shell maint. Includes basement but not residential condo on top floor

Essential Information

MLS® #22282178
Price$4,490,000
Bedrooms5
Bathrooms0.40
Half Baths4
Square Footage9,900
Year Built1911
TypeResidential
Sub-TypeCondominium
StyleLive Work Unit
StatusActive

Building Information

Address1325 Nw Flanders St, Portland, Or 97209
Area148 - Portland NW/ SW/ S, Raleigh Hills
CityPortland Condos
CountyMultnomah
StateOR
Zip Code97209

Interior

AppliancesDishwasher, Free-Standing Range, Free-Standing Refrigerator
HeatingHeat Pump
CoolingHeat Pump
# of Stories2

Exterior

ExteriorBrick
Lot DescriptionCorner Lot, Level, On Busline
RoofFlat

School Information

ElementaryChapman
MiddleWest Sylvan
HighLincoln

Additional Information

Days on WebsiteUnlock this data
ZoningEX
  • Office: Windermere Realty Trust

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Listing information last updated on July 3rd, 2022 at 3:54pm PDT.

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