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1325 NW Flanders St , 2 & 3

Portland, OR 97209
  • $4,490,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 22431959
$4,490,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,900
    SQFT
  • $454
    $/SQFT
Type:
Commercial
Built:
1911
County:

School Ratings & Info

Description

Two unique historic Pearl Commercial Condos. 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

Monthly Payment Calculator



Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Oregon Digs Real Estate | Portland Digs Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-19T23:40:28.187.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Oregon Digs Real Estate | Portland Digs Real Estate and should be independently verified.
www.oregondigs.com/homes/128523478
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1325 NW Flanders St , 2 & 3 Portland, OR 97209

  • Price: $4,490,000
  • Status: Active
  • On Site: 10 Days
  • MLS #: 22431959
0
Beds
0
Baths
0
½ Baths
0.14
Acres
9,900
SQFT
$454
$/SQFT
1911
Built
Neighborhood:
Portland Nw/ Sw/ S, Raleigh Hills
County:
Multnomah
Area:
Portland Nw/ Sw/ S, Raleigh Hills
Property Description
Two unique historic Pearl Commercial Condos. 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
Exterior Features

Construction Materials Brick Lot Size 5000 To 6999 Sqft Road Surface Paved Roof Type Flat View YN No Water Description Public Water

Interior Features

Cooling Description Heat Pump Heating Description Heat Pump

Property Features

Bank Owned YN No Commercial Type Commercial Country Us Current Use Office Existing Lease Type 1 - 5 Years RemainingNnn Features Inside Storage Fuel Description Electricity Price Type List Price Property Condition Existing Sewer Description Public Sewer Short Sale YN No Tax Amount 25327.00 Third Party Approval YN No Total Buildings 1 Zoning Ex

Listing provided courtesy of Windermere Realty Trust.


Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Oregon Digs Real Estate | Portland Digs Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-19T23:40:28.187.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Oregon Digs Real Estate | Portland Digs Real Estate and should be independently verified.
 
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