5003 N Lombard St, Portland, OR 97203

Building Details

Year Built

1950

Listing agent Denise Brohoski License #OR 200508190

Listing office Commercial Real Estate NW

Listing date Apr 24, 2024

Source Crexi

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Overview

This 3,440 SF building, constructed in 1950, underwent a complete restoration in 2015, resulting in two leased spaces. Suite A is currently occupied by a restaurant with a lease expiring in October 2025. Suite B is leased to a commercial kitchen, with its lease expiring in April 2026. The property includes a 100-gallon grease trap and two restrooms located in a common area. Additional features include a roll-up glass door, outdoor seating, and large windows. This property is located in a fantastic area.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Portland

County

Washington

State

Oregon

Longitude

-122.7200272

Latitude

45.5812228

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FAQs

What type of property is this?

Retail space - Restored 3,440 SF retail building with two leased spaces.

Where is this retail space located?

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

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Completely restored in 2015, offering modern amenities and appeal.; Two leased spaces provide immediate rental income.; Leases in place until October 2025 and April 2026, ensuring stable cash flow.