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1022 NW Overton St - The Cosmopolitan 1,023 SF Retail Condo Unit Offered at $743,103 CAD in Portland, OR 97209

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Investment Highlights

Great natural light
Access to vast building amenities

Large open space

Executive Summary

Located in Portland’s modern Pearl District, The Cosmopolitan is the tallest residential building in the city. Situated between The Fields Park and Tanner Springs Park and surrounded by restaurants, shopping, and easy access to light rail transit.

Property Facts

Total Building Size	353,400 SF	Typical Floor Size	13,143 SF
Property Type	Multifamily (Condo)	Year Built	2016
Property Subtype	Apartment	Lot Size	1.00 AC
Building Class	A	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Floors	28
Zoning	EX - EX

Total Building Size	353,400 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	A
Floors	28
Typical Floor Size	13,143 SF
Year Built	2016
Lot Size	1.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	EX - EX

Unit Amenities

Air Conditioning
Microwave

Washer/Dryer
Kitchen

Stainless Steel Appliances
Freezer

Wheelchair Accessible (Rooms)
Quartz Countertops

Site Amenities

Clubhouse
Concierge
Fitness Center

Guest Apartment
Storage Space

Bicycle Storage
Conference Rooms

Elevator
Lounge

1 Unit Available

Unit N/A

Unit Size	1,023 SF	Sale Type	Investment or Owner User
Price	$743,103 CAD	No. Parking Spaces	1
Price Per SF	$726.40 CAD	APN/Parcel ID	R676590
Condo Use	Retail

Unit Size	1,023 SF
Price	$743,103 CAD
Price Per SF	$726.40 CAD
Condo Use	Retail
Sale Type	Investment or Owner User
No. Parking Spaces	1
APN/Parcel ID	R676590

Description

Motivated Seller. Fantastic value for this commercial ground floor unit offered in the stunning Cosmopolitan in Portland’s Pearl District. A unique opportunity to purchase the first commercial condo resale available from the Cosmo’s 2016 initial sale of 5 units. Large open space with 15ft ceiling and floor-to-ceiling windows provide wonderful natural light. The extensive custom-designed ceiling soffit was a build-out upgrade to house ducts, lighting, and wired speakers. The open floor plan allows a variety of businesses to configure the space as needed or keep it as its current hair salon use. Features a full bath with shower, kitchenette, wall of storage cabinets, and washer & dryer. The building amenities are vast and include a fitness room, guest suites, bike storage, community lounge with kitchen and fireplace available for owner held functions, conference room, terrace with firepit and BBQs, and 24/7 concierge service. Includes a secure deeded parking space and storage. All this and The Fields Park is your view across the street!

Sale Notes

SELLER WILL CONSIDER ALL OFFERS. Recorded/tax address of property is 1075 NW Northrup St #105. 1022 NW Overton is an alternative City provided address. There is no business lease term in place, so there can be immediate possession after closing. The shower has a free-standing custom cabinet insert that covers it, but it can be removed.