Building Details

Year Renovated 2015

Spaces For Lease

at 5003 N Lombard St Contact us

5003 N Lombard St $22/SF/Yr

Floor

1

Size

1,700 SF

Type

RETAIL

Lease Type

NNN

Availability

AVAILABLE, Now

Sublease

No

- 1,700 SF Commercial Kitchen and 2nd generation restaurant/cafe available For Lease... in prime N Lombard location! The building was renovated in 2015 and features outdoor seating, large windows, full commercial kitchen with hood & walk-ins, common area restrooms, and shared 270 gallon grease trap. - Located in University Park neighborhood - 20,000 residents within a 1 mile radius - Traffic counts in excess of 16,000 along N Lombard

show more

Contact us

Listing Agency: Commercial Real Estate NW Show Phone

Listed By: Marissa Lee · License #201221687 Show Phone

Source: Moodyscre

Added: Jun 17, 2025 Changed: Sep 11 Last Checked: Sep 13 at 8:53AM

Report an Issue

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 Commercial Real Estate NW

Investment Insights

Based on property information with market context.

Second-generation restaurant/cafe space offering approximately 1,700 SF and a full commercial kitchen with hood and walk-ins. The building was renovated in 2015 and includes outdoor seating, large windows, and common area restrooms. A shared 270-gallon grease trap is also provided.

Located in Portland’s University Park neighborhood on N Lombard Street, the site is surrounded by a dense residential base, with 20,000 residents within a 1-mile radius. Traffic counts exceed 16,000 along N Lombard.

This layout supports restaurant or cafe operations with the existing kitchen improvements and dining features, including outdoor seating for guest use.

Key Highlights

• 1,700 SF second‑generation restaurant/cafe available for lease
• Full commercial kitchen with hood and walk‑ins, plus shared 270‑gallon grease trap
• Outdoor seating and large windows

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Sassy Souk's Pho ... Restaurant Albina City Nuts Industrial Manufacturer Mcdowell Brothers Plumbers ... Plumbing Service

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Building Supply Bakery Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,000 VPD

Traffic count

Yes

Commercial hood

Yes

Grease trap

NNN (Triple Net)

Lease Type

$3.30 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

504

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 97203, OR

33,763

Population

13,462

Households

2.5

Avg Household Size

34

Median Age

45%

College-Educated

90%

High-School Grad

10.8 sq mi

ZIP Area

3,126

Density / Sq Mi

$77,619

Median Household Income

$46,152

Median Earnings

$1,551

Median Rent

$468,600

Median Home Value

Market

Lease Benchmarks for Portland, OR

$24.6 /SF/Yr

Avg Asking Price

$22–$27 /SF/Yr

Price Range

14,114 SF

Avg Space Size

This space is priced 11% below the average of $24.6 /SF/Yr.

Vacancy Rate% for Retail in Portland, OR

4.6% 2019

5.6% 2020

5.2% 2021

4.2% 2022

4.4% 2023

4.7% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties What are key features of this property?

Similar For Rent Nearby

Two-Story Office Building

11000 SW Barbur Boulevard, Portland, OR 97219

$21 SF/Yr

3,000 sqft

View details

2nd-Generation Restaurant/Bar Space

1981 West Burnside Street, Portland, OR 97209

$25 SF/Yr

2,850 sqft

View details

Creative Office Suite

1601 Northwest Savier Street, Portland, OR 97209

$20 SF/Yr

4,000 sqft

View details

Flex Space with Vacant Area

1132 SE Salmon St, Portland, OR 97214

$18 SF/Yr

4,000 sqft

View details

Retail Space with High Ceilings

3442 Southeast Belmont Street, Portland, OR 97214

$30 SF/Yr

2,000 sqft

View details

Office Building with Fitness Center

4380 South Macadam Avenue, Portland, OR 97239

$20 SF/Yr

2,111 sqft

View details

Medical Office with Off-Street Parking

1832 N Lombard St, Portland, OR 97217

$27.50 SF/Yr

1,836 sqft

View details

Freestanding Office Building

3644 Southwest Troy Street, Portland, OR 97219

$26 SF/Yr

2,800 sqft

View details

Historic Creative Office Space

1515 NW 19th Ave, Portland, OR 97209

$9,257/Mo

9,257 sqft

View details

Office Units

1880 sw 5th Street, Portland, OR 97201

$16 SF/Yr

3,500 sqft

View details

Retail Space with New Heater

4518 SW Vermont, Portland, OR 97219

$32 SF/Yr

800 sqft

View details

Corner Coffee Shop Sublease

3757 Se Hawthorne Blvd, Portland, OR 97214

$35 SF/Yr

2,500 sqft

View details

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Second-generation restaurant/cafe with a full commercial kitchen, outdoor seating, and 2015 renovation in University Park.

Where is this conventional restaurant located?

The property is located at 5003 N Lombard St Portland, OR.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: 1,700 SF second‑generation restaurant/cafe available for lease; Full commercial kitchen with hood and walk‑ins, plus shared 270‑gallon grease trap; Outdoor seating and large windows