Property profile

2056 Lombard St Portland, OR 97217

OFF-MARKET
Retail properties & Spaces
9,604 SF 0.29 ac lot
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Property summary

AI-generated overview

This exceptional commercial property at 2056 N Lombard Street in Portland, Oregon, presents a unique lease opportunity. Situated on a 0.29-acre lot in the vibrant Kenton neighborhood, this single-story building offers 9,604 square feet of flexible space, ideal for a variety of uses. The property is divided into four suites, with a minimum divisible space of 1,756 square feet and a maximum contiguous space of 6,600 square feet, providing options for businesses of various sizes. Its prime location at the signalized corner of N Lombard and N Lancaster streets ensures high visibility and accessibility, benefiting from significant traffic exposure. The CM2 zoning allows for a wide range of commercial uses, including the highly sought-after flex space, making this property exceptionally versatile. The building does not include elevators. This is a multi-tenant property offering a compelling opportunity for businesses seeking a prominent location in a thriving Portland neighborhood. The address is 2056 N Lombard St, Portland, OR 97217.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,604 SF
Lot 0.29 ac (12,632 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2056 Lombard St Portland, OR 97217
Portland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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