1325 NW Flanders St 2 & 3,Portland, OR 97209

Directions: @ NW 13th Ave

Property Details

  • Beds: 5
  • Baths: 0.4
  • 9900 SF
RMLS logo #22282178
Status: Active

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

Kitchen: Dishwasher,Free-Standing Range,Free-Standing Refrigerator


Type: Condominium Style: Live Work Unit Year: 1911 Taxes: $25,327


County: Multnomah Elementary: Chapman Middle: West Sylvan Lot High: Lincoln


Heating: Heat Pump Fuel: Electricity Cooling: Heat Pump Water: Public Water Sewer: Public Sewer


Exterior: Brick Roof: Flat Lot: On Busline,Corner Lot,Level

Listing Courtesy of Windermere Realty Trust

Contact: Marissa Sainz

Broker , Earth Advantage Broker
Contact Phone: 503-719-5588


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