1010 NW Flanders St | Portland, OR 97209
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- LoopNet Team
1010 NW Flanders St
Portland, OR 97209
Ballou Wright Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Fully renovated building with minimal future capital outlays
- $10M Capital Improvements for new lobby, tenant amenities, restrooms, elevator, roof, HVAC, and roof deck.
- Located in an Opportunity Zone with potential tax incentives
- Flexible office configurations suitable for various users
- Flexible office configurations suitable for various users
- Significant discount to replacement cost exceeding $600 per sq. ft.
PROPERTY FACTS
Property Type
Office
Building Size
57,606 SF
Building Class
B
Year Built/Renovated
1922/2017
Percent Leased
57%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
11,521 SF
Building FAR
3.89
Lot Size
0.34 AC
Zoning
EXD - E-XD
AMENITIES
- Bus Line
- Controlled Access
- Commuter Rail
- Kitchen
- Roof Terrace
- Central Heating
- Common Parts WC Facilities
- Natural Light
- Shower Facilities
- Hardwood Floors
- Air Conditioning
- Balcony
- Smoke Detector
PROPERTY TAXES
| Parcel Number | R140614 | Improvements Assessment | $4,607,500 |
| Land Assessment | $4,050,000 | Total Assessment | $8,657,500 |
PROPERTY TAXES
Parcel Number
R140614
Land Assessment
$4,050,000
Improvements Assessment
$4,607,500
Total Assessment
$8,657,500
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