Properties

Property Description

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

Listing Provided Courtesy of

Features
: Heatpump
: Heatpump
: Storagespace, Fullbasement
: Flat
: Publicsewer
Address Map
US
Oregon
Multnomah
Portland
97209
FLANDERS
1325
ST
0
W123° 18' 55.6''
N45° 31' 33.3''
@ NW 13th Ave
2 & 3
0
MLS Info
$0
: Brick
Chapman
Lincoln
West Sylvan
RETY01
Windermere Realty Trust
FullService
CallListingAgent,Cash,Conventional
R287004
Approximately
: Paved
2
0
NW
2021
$25,327
0
PublicWater
EX
0 Sqft
Andrew Pienovi
PIENOVIA

Residential

1325 FLANDERS ST, Portland 97209

5 Bedrooms
0 Bathrooms
0 Sqft
$4,490,000
Listing ID #22282178
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 22282178
Price : $4,490,000
Bedrooms : 5
Bathrooms : 0
Partial Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1911
Lot Area : 0 Acre
Days On Market : 11
Total Baths : 0.4
Building Area Total : 9,900 Sqft
Status : Active
Agent info
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