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8535 N LOMBARD ST

Portland, OR 97203
Square Ft.
8,600
Active
Commercial
Property Photo
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Property Photo
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Property Photo
$1,725,000
Rare Net leased investment opportunity in the heart of St. Johns. Quality tenants and leases in place. Some leased second floor offices. Upside in finishing second floor that is unfinished. Strong Proforma CAP rate over 8%. Includes parking lot behind. Opportunity to own second building adjoining at 8523-27 N Lombard.
Listing courtesy of Hanna Network.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Commercial
Square Ft.
8,600
Lot Size
0.23 Acres
Year Built
1907
MLS Number
667519561
30 Days Snapshot Of 97203
$491k
+1%
(avg) sold price
28
-15%
homes sold
79
+23%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Appliances & Equipment
Other Equipment: Sprinkler
Building
Building Area Total: 8600, Built in 1907, Commercial Features: DisplayWindow, MinimalSteps, OutsideLighting, Construction Materials: Concrete, FullBasement, Current Use: Office, Restaurant, Retail, Stories: 2
Cooling
Cooling: CentralAir, MiniSplit
Doors
Truck Door Description: None
Expenses
Operating Expense Scheduled: 38000, Operating Expense: $49,000
Heating
Heating: Ductless, ForcedAir
Income
Gross Income: $138,000, Gross Scheduled Income: $176,000, Net Scheduled Income: 139000
Lot
Size Acres: 0.23, Size Description: 10,000, Size Dimensions: 50x200, Size Range: SqFt10000to14999, Size Square Feet: 10,018, Size: 10,000 to 14,999 SqFt
Parking
Features: OnSite, Paved, 10 total parking spots
Property
Property Condition: UpdatedRemodeled, Property Sub Type: Commercial, Zoning: MU
Roof
Roof: Flat, Membrane
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $11,230, Legal Description, Tax Year: 2025
Utilities
Fuel Description: Electricity, Gas, Internet Service Type: Cable, Water Source: PublicWater
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Jamie Meushaw
Real Estate Professional
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Schools In The Area

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James John Elementary School 503-916-6266 Public KG-5
George Middle School 503-916-6262 Public 6-8
Roosevelt High School 503-916-5260 Public 9-12
James John Elementary School 503-916-6266 Public KG-5
James John Elementary School 503-916-6266 Public KG-5
George Middle School 503-916-6262 Public 6-8
Roosevelt High School 503-916-5260 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.