5525 E BURNSIDE ST Active

Portland,OR 97215

$ 550000

- Bed

- Bath

1839 SqFt


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

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing Cash,Other

Listing Terms Cash,Other

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