1325 Nw Flanders St 2 & 3, Portland, OR 97209
sale
$4,490,000
|
Commercial
Courtesy Of Windermere Realty Trust
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
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Heat Pumps
- Floors: 3.0
- Heating System: Heat Pump
- Legal Description: 1325 FLANDERS CONDOMINIUM, LOTS 2 & 3, HISTORIC PROPERTY 15 YR 2007, POTENTIAL ADDITIONAL TAX
- MLSID: 22431959
- Roof Type: Unknown
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