1634 Brooklyn St Portland, OR 97202-2319

This exceptional investment opportunity presents a 2,000 square foot flex building located at 1634 SE Brooklyn Street in Portland, Oregon's desirable Southeast sector. The property, zoned for mixed-use industrial purposes, boasts a highly desirable blend of approximately 1,000 square feet of warehouse/shop space and 1,000 square feet of office space. Currently leased under a triple-net (NNN) lease structure until April 30, 2026, the property generates a consistent monthly income of $3,277, subject to a 3% base rent increase on May 1, 2025. This presents a compelling opportunity for an owner-occupant to secure a future workspace while simultaneously benefiting from a reliable rental income stream. The building features convenient access to major freeways, including I-5 and I-84, providing seamless connectivity to the rest of Portland and beyond. Additional benefits include a small fenced yard, ample off-street parking with six spaces in a dedicated lot, and two grade-level loading doors for efficient goods handling. The asking price for this exceptional property is $725,000, making it an attractive investment in a highly sought-after Portland location. This is a rare opportunity to acquire a well-located, income-producing flex space in a competitive market. The property's strong lease terms and desirable features make it an ideal investment for both owner-occupants and passive investors seeking a stable and appreciating asset.