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Urban Multi-Tenant Retail Center
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5300 N Lombard Street, Portland, OR 97203

Urban multi-tenant retail center on Lombard Ave with on-site parking and recent system-wide rebuild.

Property Size7,041 SF
Days on Market122

Property Features for 5300 N Lombard Street

General Information

Standard status Active
Size 7,041 SF
Property subtype Retail
Occupancy 100%

Amenities

on-site parking

Building Details

Tenancy Multi
Listing Agency: Northmarq
Listed By: Kevin Adatto · License #WA 85667
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 12:53PM

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 Northmarq

Investment Insights

Based on property information with market context.

LOMBARD RETAIL CENTER is a 7,041 SF urban multi-tenant retail property with 100% occupancy. The building recently underwent a significant rebuild, including new roof, HVAC, and utilities. The center is home to Bank of America and AT&T, along with tenants from the Providence Health regional medical network.

The property is located on Lombard Ave, described as a major east/west thoroughfare connecting North and Northeast Portland, Oregon. On-site parking is included, which the seller notes is very rare for urban Portland retail.

As an existing, occupied retail center in Portland’s urban core, Lombard Retail Center offers a completed facility with modernized building systems and parking for customer convenience.

Key Highlights

  • 7,041 SF multi‑tenant retail center on Lombard Ave., a major east/west thoroughfare connecting North and Northeast Portland
  • 100% occupied multi‑tenant retail center in Portland’s urban core
  • Recent significant rebuild with all new systems including roof, HVAC, and utilities

Property Analytics

Current Use

Flying Pie Pizzeria Restaurant AT&T Store Mobile Phone Store Bank of America ATM Atm

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Nail Salon Dental Office Bakery

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby
Under-served
Demand for This Use

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

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Urban multi-tenant retail center on Lombard Ave with on-site parking and recent system-wide rebuild.
Where is this shopping center located?
The property is located at 5300 N Lombard Street Portland, OR.
What are key features of this property?
This property features: 7,041 SF multi‑tenant retail center on Lombard Ave., a major east/west thoroughfare connecting North and Northeast Portland; 100% occupied multi‑tenant retail center in Portland’s urban core; Recent significant rebuild with all new systems including roof, HVAC, and utilities
(503) 998-6572 Call to check price and availability
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