1922 NW Pettygrove St - Loft/Creative Space FOR SALE


Portland, OR 97209- Uptown Portland
$1,100,000 USD
503-720-8147
1922 NW Pettygrove St, Portland, OR for Sale
$1,100,000 USD
Loft/Creative Space - FOR SALE
1/7
null | 5.42% Cap Rate

Dec '25


1922 NW Pettygrove St
Portland, OR 97209
Uptown Portland


HIGHLIGHTS

  • Amazing Slabtown location on 19th & Pettygrove in NW
  • Creative office space for owner-user or investor
  • Off-Street parking for up to 4 cars
  • Ground floor office with large mezanine; 2 bathrooms; kitchenette; exposed wood beams
  • Several recent improvements including a newer rollup door
  • Current tenant in place until December of 2025

OVERVIEW

1922 NW Pettygrove St is a unique opportunity for a creative office user or investor looking for a turn-key space in an amazing Slabtown location. The current tenant has a leas that expires December 1, 2025. The building consists of an open ground floor space with a bathroom and kitchenette and a full upstairs mezzanine with a full bathroom. With 2,727 SF of building area, a roll-up door in the front, and 4 dedicated parking spaces, the asset is perfect for an owner-user looking for its owns space in the heart of NW Portland. The property features several upgrades over the last few years and the building's lot is zoned CM3 (Commercial Mixed Use 3), which is one of Portland’s most flexible and high-density zones and could result in a high-density development in the future. The two story building has been remodeled over the years and is currently leased to a single user through December 1, 2025 at $4,967.16/month NNN. The property features newer electrical services, an HVAC unit, two bathrooms (on one on each floor - including one with a shower), exposed wood ceilings and beams, finished concrete floors (ground floor), new exterior paint, and many other new features.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

5.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

CM3

APN/PARCEL ID

R141120

ASK ABOUT THIS PROPERTY

Jordan CarterKidder MathewsMore Info
503-720-8147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jordan CarterKidder MathewsMore Info
503-720-8147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.