Office Building with Off-Street
3549 N Lombard St Portland, OR 97217
New
3549 N Lombard St, Portland, OR, 97217
Contact for pricing
For Sale
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Small office building features a mix of private offices, two restrooms, and six off-street parking stalls.
Property Size2,158 SF
Price / SF$203.43
Days on Market4
Property Features for 3549 N Lombard St
General Information
- Standard status
- Active
- Size
- 2,158 SF
- Property subtype
- OFFICE
Listing Agency
Macadam Forbes
(503) 972-7293
Listed by
Rhys Konrad · License ##201205396
Source
Moodyscre
Added: Jul 16 Checked: Jul 18 at 3:23 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes
Investment Insights
Based on property information with market context.
This office building offers a mix of private office sizes, providing flexible interior options for professional use. The space includes two restrooms for shared convenience.
The property includes six off-street parking stalls, supporting straightforward day-to-day access for employees and visitors.
At this size, the configuration is well-suited to organizations looking for multiple private work areas within a single property, supported by onsite parking and existing restroom facilities.
The property includes six off-street parking stalls, supporting straightforward day-to-day access for employees and visitors.
At this size, the configuration is well-suited to organizations looking for multiple private work areas within a single property, supported by onsite parking and existing restroom facilities.
Key Highlights
- Small office building with a mix of private office sizes
- Includes 2 restrooms
- Offers 6 off‑street parking stalls
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.2k | $22.80 |
| − Vacancy | −$12.0k | −$5.54 |
| EGI | $37.2k | $17.26 |
| − OpEx | −$9.3k | −$4.31 |
| NOI | $27.9k | $12.94 |
2,158 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$399.1K
$349.2K – $465.6K
NOI $27,935 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.0K
$530.3K – $707.0K
NOI $42,421 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auzins Normund K ...
Dental Office
Vanport Escrow and Title
Real Estate Agency
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FAQs
What type of property is this?
Office building - Small office building features a mix of private offices, two restrooms, and six off-street parking stalls.
Where is this office building located?
The property is located at 3549 N Lombard St Portland, OR.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Small office building with a mix of private office sizes; Includes 2 restrooms; Offers 6 off‑street parking stalls
