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 |
| Bedrooms | 5 |
| Bathrooms | 0.40 |
| Half Baths | 4 |
| Square Footage | 9,900 |
| Year Built | 1911 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Live Work Unit |
| Status | Active |
Building Information
| Address | 1325 Nw Flanders St, Portland, Or 97209 |
|---|---|
| Area | 148 - Portland NW/ SW/ S, Raleigh Hills |
| City | Portland Condos |
| County | Multnomah |
| State | OR |
| Zip Code | 97209 |
Interior
| Appliances | Dishwasher, Free-Standing Range, Free-Standing Refrigerator |
|---|---|
| Heating | Heat Pump |
| Cooling | Heat Pump |
| # of Stories | 2 |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Corner Lot, Level, On Busline |
| Roof | Flat |
School Information
| Elementary | Chapman |
|---|---|
| Middle | West Sylvan |
| High | Lincoln |
Additional Information
| Days on Website | Unlock this data |
|---|---|
| Zoning | EX |
- Office: Windermere Realty Trust
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information last updated on July 3rd, 2022 at 3:54pm PDT.
