829 NW 19TH AVE
Portland, OR, 97209 $ 4,900,000
Baths0.0 Sq 7,138 Monthly Estimate*
$ 32,567
Studio
for $4,900,000. This 7,138 square foot building was built in 1890 on a lot size of 0.38.
Rare opportunity to acquire a striking standalone office property on a coveted corner lot, boasting additional income from a newly renovated apartment unit and surface parking on-site. This fully revamped property spans four levels. The lower level comprises a spacious ± 2,068 SF, 2-bedroom, 1-bathroom apartment is currently leased at $2,495 per month. The main levels offer 7 generous offices, conference room, kitchenette, while the top level features a full kitchen, meeting area, lounge, and restroom. The parking lot, recently re-coated and re-striped, accommodates 21 spaces, with some leased to neighboring properties.The property?s historic charm has been meticulously preserved by its current owners. They?ve updated all plumbing and electrical systems, installed a sprinkler system, and created a separate entrance for the lower-level apartment. Original design features such as full-height ceilings with dentil molding and preserved fireplaces have been enhanced with modern touches. Additionally, unused attic space has been transformed into premium kitchen and meeting areas, along with a high-end bathroom.This architectural gem holds historical significance in Portland?s Alphabet District, at the crossroads of NW 19th Avenue & NW Kearney Street. Designed by Whidden & Lewis, renowned architects behind Portland?s City Hall, Concord Building, and prominent pioneer residences, it?s known as the Good House, named after its original owner, George Good. The Arts and Crafts design, characterized by distinctive gold bricks, adds to its unique appeal. This property is a must-see, blending historic elegance with modern functionality
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Shingle
Zoning CM2
Construction Materials Brick
Year Built 1890
Sale Includes Building Land Sign
Stories 4
Property SubType Office
Tax Year 2023
Current Use Office
Gross Income 56000.0
County Multnomah
Operating Expense 29000.0
Property Type CommercialSale
Status Active
Directions NW 18th Ave & NW Kearney St
City Portland
MLS Area _148
Lot Size Square Feet 16552.0
Street Name 19TH
Listing Terms CallListingAgent Cash Conventional
Tax Annual Amount 25785.93
Property Condition UpdatedRemodeled
Days on Market 212
Standard Status Active
Legal Description COUCHS ADD BLOCK 270 LOT 1&2&6 E 15' OF LOT 7
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ExteriorParking Features OnSite
Water Source PublicWater
Total Parking 21.0
Number of Buildings 1
Building Area Total 7138.0
Lot Size Acres 0.38
Road Surface Type Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $32,567
- Monthly Property Taxes
- $2,149
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Portland, OR
Average List Price $1,527,793
Percent of Sale Price 69%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/2/2024 | $4,900,000 | -1.98% | Price Down |
4/2/2024 | $4,999,000 | -27.55% | Price Down |
3/13/2024 | $6,900,000 | | Listed Price |