1925 Overton St Portland, OR 97209-1667
- Investment properties
- 3,840 SF
- 0.11 lot acres
Sep 09, 2024
Current Use by Public Records
- Valentina European Alteration / Clothing Alteration Service / Tailor
- Character / Marketing Consultant
- Transport / Graphic Designer
Property Details for 1925 Overton St
- Year built
- 1999
- Lot size
- 0.11 lot acres
- Property size
- 3,840 SF
- Zone code
- EXD
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 1N1E33AB 09600
- APU
- 1N1E33AB09600
Description
This exceptional creative office building, located at 1925 NW Overton St in Portland, Oregon's desirable Northwest district (zip code 97209), is offered at $1,450,000. The property boasts newly completed interior finishes, a significant advantage in the competitive Portland market. The building's classification as a "User" building signifies its potential for owner-occupancy, offering a unique opportunity for a business seeking a tailored workspace. A key feature is the inclusion of off-street parking, a highly sought-after amenity in this area, providing convenient access for employees and clients. Situated in Multnomah County, the property's address is 1925 NW Overton St, Portland, OR 97209. Its geographic coordinates are 45.532077857086236 latitude and -122.691173373374 longitude. The building's design caters specifically to creative office uses, providing a modern and inspiring environment for businesses in the creative industries. This presents a rare chance to acquire a well-appointed, conveniently located, and uniquely suited office building in a thriving Portland neighborhood. The asking price reflects the property's prime location, modern finishes, and the scarcity of comparable user buildings with ample parking.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,450,000
- ML approach
- $1,450,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $930,000
- AI Estimate
- $930,000
Market price range: $820k - $1.70MMarket price range: $820k - $1.70M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,275,000 Current use
- AUTO REPAIR, GARAGE
- $1,175,000 Change: -8% Conversion: Difficult
- MEDICAL BUILDING
- $1,160,000 Change: -9% Conversion: Easy
- RETAIL STORES
- $1,155,000 Change: -10% Conversion: Easy
- OFFICE BUILDING
- $1,110,000 Change: -13% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.691
- Latitude
- 45.5323
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA