$569,000
$130K PRICE DROP

Estimated payment $4,916/month

Total Views 4,253
-- Bed
1 Bath
1,023 Sq Ft
$556 Price per Sq Ft

Highlights

  • Concierge
  • 2-minute walk to Nw 12Th & Northrup
  • Park or Greenbelt View
  • West Sylvan Middle School Rated A-
  • Fitness Center
  • 1-minute walk to The Fields Park

About This Home

Fantastic 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. With a revised occupancy permit submittal to the City of Portland and some modifications, this unit could potentially be converted to residential use. Includes a secure deeded parking space and storage. All this and The Fields Park is your view across the street!

Listing Agent

Patrick Goebel

Windermere Realty Trust License #201208746 Listed on: 01/10/2025

Windermere Realty Trust

Co-Listing Agent

Andrew Pienovi

Windermere Realty Trust License #200311149

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,680

Year Built

  • Built in 2016

HOA Fees

  • $1,217 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Deeded Parking

Home Design

  • Studio
  • Flat Roof Shape
  • Metal Siding

Interior Spaces

  • 1 Full Bathroom
  • 1,023 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Concrete Flooring
  • Park or Greenbelt Views

Laundry

  • Laundry in unit
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Schools

  • Chapman Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R676590

Community Details

Overview

  • 150 Units
  • Cosmopolitan HOA, Phone Number (971) 415-4720
  • On-Site Maintenance

Amenities

  • Concierge
  • Common Area
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,680

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,217 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2016
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Modern, Studio
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: Yes
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 150
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • Room 13 Features: Loft
  • CondominiumTotalLevels: 28
  • Unit Floor Number: 1
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleEntrance
  • Total Bathrooms: 1.0
  • Interior Amenities: ConcreteFloor, HighCeilings, WasherDryer
  • Full Bathrooms: 1
  • Stories: 28
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 13 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: MetalSiding,Other
  • View: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Flat
  • View: ParkGreenbelt

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 483.09

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Commons, Concierge, ExteriorMaintenance, Gas, Gym, HotWater, Insurance, Management, PartyRoom, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 1217.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Nick Brenning
  • CondominiumAssociationEmail: rom@cosmopolitanpdx.com
  • CondominiumAssociationName: Cosmopolitan HOA
  • CondominiumAssociationPhone: 971-415-4720
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Land Lease: No
  • Parcel #: R676590
  • Assessor Parcel Number 2: R676970
  • Assessor Parcel Number 3: R676915

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6679.82

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $569,000 -5.0% $556 / Sq Ft
06/27/2025 06/27/25 Price Changed $599,000 -4.2% $586 / Sq Ft
05/16/2025 05/16/25 Price Changed $625,000 -3.7% $611 / Sq Ft
03/03/2025 03/03/25 Price Changed $649,000 -7.2% $634 / Sq Ft
01/10/2025 01/10/25 For Sale $699,000 -- $683 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 667618778

Regional Multiple Listing Service (RMLS)