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Property profile & analytics
OFF-MARKET
Investment properties

1826 29th Ave Portland, OR 97210-2228

1,664 SF 0.06 ac lot Built 1925
Entity Owned Absentee Owner Free & Clear
Property ID
US71-0728363
Property summary
AI-generated overview

This exceptional 1,848 square foot office space in Portland, Oregon, is perfectly suited for a variety of businesses. Located at 1826 NW 29th Ave, 97210, this single-tenant space boasts two private offices, a welcoming lobby, ample storage, and a bathroom. The abundance of natural light creates a bright and inviting atmosphere. A beautifully landscaped shared courtyard adds to the appeal. This property offers flexibility, with the option to expand by combining it with the adjacent 2,904 square foot building at 2892 NW Upshur St, Portland, OR 97210. The lease is a Triple Net (NNN) lease with a minimum term of 12 months. Tenants are responsible for all utilities (water, electricity, gas, sewer, garbage, internet), interior and exterior maintenance and repairs, property taxes, and insurance. Proof of liability insurance is required. The property will be available for occupancy starting October 1, 2024. Showings are scheduled after this date. This is a fantastic opportunity to secure a well-appointed office space in a desirable Portland location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Total area 1,664 SF
Lot 0.06 ac (2,711 SF)
Zoning code R1
APN 1N1E29DC 03900
UPID US71-0728363
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Diversified Benefits Management Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
VILLA LLC
VILLA LLC
Zoning & alternative use
R1 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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