Excellent Owner/User Opportunity in the Alphabet District

Rare opportunity to acquire a striking standalone office property on a coveted corner lot, boasting additional income from a newly renovated apartment unit and surface parking on-site.

This fully revamped property spans four levels. The lower level comprises a spacious ± 2,068 SF, 2-bedroom, 1-bathroom apartment is currently leased at $2,495 per month. The main levels offer 7 generous offices, conference room, kitchenette, while the top level features a full kitchen, meeting area, lounge, and restroom. The parking lot, recently re-coated and re-striped, accommodates 21 spaces, with some leased to neighboring properties.

The property’s historic charm has been meticulously preserved by its current owners. They’ve updated all plumbing and electrical systems, installed a sprinkler system, and created a separate entrance for the lower-level apartment. Original design features such as full-height ceilings with dentil molding and preserved fireplaces have been enhanced with modern touches. Additionally, unused attic space has been transformed into premium kitchen and meeting areas, along with a high-end bathroom.

This architectural gem holds historical significance in Portland’s Alphabet District, at the crossroads of NW 19th Avenue & NW Kearney Street. Designed by Whidden & Lewis, renowned architects behind Portland’s City Hall, Concord Building, and prominent pioneer residences, it’s known as the Good House, named after its original owner, George Good. The Arts and Crafts design, characterized by distinctive gold bricks, adds to its unique appeal.

This property is a must-see, blending historic elegance with modern functionality.