IMPROVED PRICE!!! This dual use property is a wonderful investment opportunity in beautiful Fairview Village. Close proximity to I-84 makes it desirable for clients. Ability to collect income on main office space and ADU, or use for your own business. Live and work from home! Front building is approximately 2700 SF of office space on 2 levels, 3 1/2 bathrooms, with space for reception area. ADU is 500 sf with 1 bedroom 1 bath (currently leased for $1,398/mo). Front office space is currently vacant. Recent rent has been $4,800/mo TRIPLE NET. New buyer can bring rents up to current market levels. ADU currently vacant. This property pencils out very well for investors. Front Building has either 5 bedrooms/office spaces, or 4 and a large conference room. SELLER CARRIED FINANCING possibly available with $250K down, 5% interest with a 3 year payoff. This property is definitely worth seeing!
| MLS # | 272503875 |
|---|---|
| Listing Type | For Lease |
| Style | Income |
| Status | Active |
| Year | 2001 |
| Days On Site | 448 |
| Listing Provided By | ERA Freeman & Associates | Michelle Haage |
| SQ Feet | 3,222 |
|---|---|
| Story(s) | 2 |
| Building(s) | 2 |
| Zoning | VC |
| Acreage | 0.07 |
| Heating | Forced Air |
|---|---|
| Heating Yn | Yes |
| Cooling | Central Air |
| Cooling Yn | Yes |
| Roof | Composition |
|---|---|
| Construction Materials | Brick |
| Attached Garage Yn | No |
|---|---|
| Parking Features | Assigned, On Street |
| Property | 7889 |
|---|
| State | OR |
|---|---|
| County | Multnomah |
| City | Fairview |
| Zip Code | 97024 |
| Listing VS Median (in 97024) | |
Price: $685,000 low | high Med: $389,900 sqft: 3,222 low | high Med: 1,524 $ / sqft: $213 low | high Med: $256 On site: 448 low | high Med: 212 | |
| State | OR |
|---|---|
| County | Multnomah |
| City | Fairview |
| Zip Code | 97024 |
| Listing VS Median (in 97024) | |
Price: $685,000 low | high Med: $389,900 sqft: 3,222 low | high Med: 1,524 $ / sqft: $213 low | high Med: $256 On site: 448 low | high Med: 212 | |