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Listed by Living Room Realty
$550,000
Est. payment /mo
1,839 SqFt
Active
5525 E BURNSIDE ST Portland, OR 97215
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,839 sqft
Price per Sqft $299
MLS Listing ID 246801142
Year Built 1890
Annual Tax Amount $4,417
Tax Year 2024
Lot Size 4,791 Sqft
Property Sub-Type Commercial
Property Description
This exceptionally charming Victorian office building is perfect for your business! The warm and inviting lobby features original unpainted millwork, architectural glass, and vintage light fixtures and is a fantastic way to welcome clients. The communal common space offers a welcome desk, kitchenette, relaxing lounge area, and ADA compliant bathroom and is an excellent training or group gathering space. There are two private offices on the first floor, and three more upstairs: one of which has a gas fireplace and separate lounge and workspaces. A second full bathroom, off-street parking, and beautifully landscaped backyard- with retractable awning and wiring for electrical heat- are lovely touches that increase the rentability of the space. This property has been meticulously cared for through the years, and the maintenance shows. Each office is leased by individual long term tenants who are happy to stay on: enjoy a ready-made cash flowing investment property, take over one of the offices and have tenants pay most of your expenses, or move into the whole building and run your dream business from this creative, historic property. There is even potential for a live/work space here: the opportunities are endless!
Location
State OR
County Multnomah
Area _142
Zoning CM2
Interior
Heating Forced Air
Cooling Central Air
Equipment Fixtures, SmokeDetector
Exterior
Roof Type Composition
Garage No
Building
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
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