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8535 N Lombard St, Portland, OR 97203

$1,725,000

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Property Description

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.

8535 N Lombard St | MLS# 667519561

This commercial property located at 8535 N Lombard St, Portland, OR 97203 is currently listed for sale with an asking price of $1,725,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, MiniSplit
Fuel Type: Electricity, Gas
Heating: Ductless, Forced Air
Lot Size: 0.23 Acres
Roof Type: Flat, Membrane
Stories: 2.0
Taxes: $11,230
Year Built: 1907
Square Feet: 8,600

Feature Descriptions

Days on Site: 48
Gross Income: $138000.00 (Actual)
Loading Information: NoLoadingFacilities
Lot Dimensions: 50x200
Miscellaneous Features: DisplayWindow, MinimalSteps, OutsideLighting
Operating Expenses: $49000.00 (Actual)
Parking Notes: OnSite, Paved
Present Use: Office, Restaurant, Retail
Road Surface: Paved
Sewer: Public Sewer
Truck Door: None
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Hanna Network
Agency Contact: info@hannanetwork.com

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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