2138 SW Salmon St Portland, OR 97205
Queen Anne Victorian office building with high visibility and long-term tenants.
Building Details
- Year built
- 1898
Source:
Tcnworldwide
Listing Agent: Thomas Mcdowell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Historic Durham House Office Building
The Durham House, constructed in 1890 in the Queen Anne Victorian style, is a three-story office building with a daylight lower level and a carriage house, totaling approximately 8,917 square feet with 24 rentable suites. Located at the top of SW Salmon Street, above the Multnomah Athletic Club/Providence Park complex, this corner property features two entrances. The Kings Hill neighborhood is characterized by historically significant homes with office tenants, creating an urban mixed-use area. The building includes shared reception/waiting areas, restrooms, Povey Brothers stain glass windows, break areas, and exterior decks on several levels. Large iron lions flank the formal north and west entrances. The property is positioned for professionals seeking high-end space. The building has multiple long-term tenants and consistent high occupancy pre-pandemic. It is situated 4 blocks from I-405 entrances and 2 blocks from Highway 26. Attractive offices feature view windows and waiting spaces in common areas. Included in the purchase are area rugs, wall art, and common area furniture. Capital improvements in 2020 totaled $58,678, including kitchen appliances and new central A/C on the third floor. A new boiler was installed in 2015. The property offers flexible space for tenant expansion and contraction.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6951472
- Latitude
- 45.5207752
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Queen Anne Victorian office building with high visibility and long-term tenants.
Where is this office building located?
The property is located at 2138 SW Salmon St Portland, OR.
What is the asking price?
The asking price for this property is $2,230,000.
What are key features of this property?
This property features: - 100% Leased with long-term tenants, providing immediate income.; - Priced well below replacement cost at $291 per square foot.; - Prime location in Kings Hill, near Multnomah Athletic Club/Providence Park, with easy access to I-405 and Highway 26.
