Restaurant Space with Commercial
For Lease
Contact for pricing
5003 N Lombard St, Portland, OR 97203
Second-generation restaurant/cafe with a full commercial kitchen, outdoor seating, and 2015 renovation in University Park.
Property Size1,700 SF
Days on Market409
Property Features for 5003 N Lombard St
General Information
Standard status
Active
Size
1,700 SF
Property subtype
RETAIL
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Additional Details
Traffic Count
16,000 vehicles/day
Building Details
Year Renovated
2015
Listing Agency:
Commercial Real Estate NW
(971) 280-2222
Listed By:
Marissa Lee · License #200508190
Source:
Moodyscre
Added: Jun 17, 2025
Changed: Jul 25
Last Checked: Jul 29 at 2:24PM
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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.
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
Current Use
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
Vacancy Rate% for Retail in Portland, OR
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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
