1925 Overton StPortland, OR 97209

Property Details for 1925 Overton St

Year built

1999

Lot size

0.11 AC

Property size (Sq ft)

3,840 SF

Zone code

EXD

Property type

Investment properties

Property subtype

Retail residential properties

APN

1N1E33AB 09600

APU

1N1E33AB09600

Description

This exceptional creative office building, located at 1925 NW Overton St in Portland, Oregon's desirable Northwest district (zip code 97209), is offered at $1,450,000. The property boasts newly completed interior finishes, a significant advantage in the competitive Portland market. The building's classification as a "User" building signifies its potential for owner-occupancy, offering a unique opportunity for a business seeking a tailored workspace. A key feature is the inclusion of off-street parking, a highly sought-after amenity in this area, providing convenient access for employees and clients. Situated in Multnomah County, the property's address is 1925 NW Overton St, Portland, OR 97209. Its geographic coordinates are 45.532077857086236 latitude and -122.691173373374 longitude. The building's design caters specifically to creative office uses, providing a modern and inspiring environment for businesses in the creative industries. This presents a rare chance to acquire a well-appointed, conveniently located, and uniquely suited office building in a thriving Portland neighborhood. The asking price reflects the property's prime location, modern finishes, and the scarcity of comparable user buildings with ample parking.

• CAP approach

  CAP return

  Valuation

  6%

  $1,307,821

  6.5%

  $1,207,219

  7%

  $1,120,990

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,146,236

  Geo Method

  $1,146,236

• Alternative Use

  Use

  Valuation

  Residential

  $1,207,219

  Hospitality

  $1,105,806

  Educational

  $920,018

  Medical

  $951,659

  Retail

  $1,431,139

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5323

Longitude

-122.691

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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