6183 Lombard St Portland, OR 97203
- Commercial land
- 4,123 SF
- 0.22 lot acres
Current Use by Public Records
- Commercial land
Property Details for 6183 Lombard St
- Year built
- 1944
- Lot size
- 0.22 lot acres
- Property size
- 4,123 SF
- Zone code
- CS
- Property type
- Commercial land
- APN
- 1N1E07AC 13300
- APU
- 1N1E07AC13300
Description
This exceptional 9,799 square foot (0.225-acre) lot, located at 6183 N Lombard St in Portland, Oregon's desirable St. Johns neighborhood (zip code 97203), presents a unique opportunity for multifamily development. Zoned CM2 Commercial/Mixed Use, this permit-ready site offers plans for a four-story building encompassing 46 residential units – a mix of studios, one-bedroom, two-bedroom, and one-bedroom work/live units. The total multifamily space is 25,603 square feet, complemented by an additional 800 square feet of retail space. The development plans include desirable amenities such as secure parking, bike storage, and a common area patio. This property is situated in a LIHTC Qualified Census Tract (QCT). A complete set of building permits is available at a discounted price. Note that an adjacent corner property at 6117 N Lombard St is also available for purchase (sold separately). The asking price for this prime development opportunity is $975,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.73
- Latitude
- 45.585
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
