Property ID: 22282178
1325 NW FLANDERS ST #2 & 3
- Type: Condominium
- Status: Active
- 5 Beds,
- 9900 Sq. Ft.
- Year Built: 1911
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
Directions: @ NW 13th Ave
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