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1832 N Lombard St 1,836 SF Office Building Portland, OR 97217 $785,000 ($427.56/SF)
Investment Highlights
- Off street parking on busy North Portland thoroughfare with high visibility
- Well suited for medical, chiropractic, veterinary, or wellness clinics with 4 treatment rooms & 400 SF detached space
- Recent HVAC (electric heat pump), water main, and roof replacements
- Ideally suited for dental practice or denturist practice, has been owner occupied as dental practice
- Recently remodeled lobby/front desk, laboratory, and imaging room, LVT flooring installed in most rooms in last 5-7 years
- Recent landscaping, sidewalk and parking lot repairs
Executive Summary
Total size: ± 1,836 SF
Main building: ± 1,436 SF
Out building: ± 400 SF
High-visibility location with dedicated off-street parking on a major thoroughfare.
4 distinct treatment rooms plus a 400 SF detached building ideal for medical, chiro, vet, or wellness use.
New roof, HVAC (heat pump), and water main.
Out building is ideal for break room or medical use
Main building: ± 1,436 SF
Out building: ± 400 SF
High-visibility location with dedicated off-street parking on a major thoroughfare.
4 distinct treatment rooms plus a 400 SF detached building ideal for medical, chiro, vet, or wellness use.
New roof, HVAC (heat pump), and water main.
Out building is ideal for break room or medical use
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,836 SF
Building Class
C
Year Built/Renovated
1925/2023
Price
$785,000
Price Per SF
$427.56
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,836 SF
Building FAR
0.38
Lot Size
0.11 AC
Zoning
CG - Commercial Mixed Use 2 with Design and Centers Main Street overlays
Parking
7 Spaces (3.81 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Courtyard
- Storage Space
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Keith E Watson DDS PC
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Keith E Watson DDS PC | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 1,836 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,836 SF | Office | - | Now |
1st Floor
| Size |
| 1,836 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R313456 | Total Assessment | $202,720 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
R313456
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$202,720 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
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1832 N Lombard St
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