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5003 N Lombard St 3,400 SF Retail Building Portland, OR 97203 $1,475,000 ($433.82/SF)

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INVESTMENT HIGHLIGHTS

  • 1,740 SF 2nd gen restaurant available for owner user
  • 20,000 residents within a 1 mile radius
  • Off street parking
  • Over 16,000 ADT

EXECUTIVE SUMMARY

Amazing 2nd generation restaurant & commercial kitchen property available in established N Portland area. Built in 1950, the 3,440 SF building saw complete restoration in 2015, creating two beautiful lease spaces. Suite A is a 1,740 SF second generation restaurant available for an owner user, while Suite B is occupied by a commercial kitchen with their lease expiring April 2026. Both share a 270 gallon grease trap, and two restrooms located in a common area. Just a few of the amenities include a roll up glass door, outdoor seating, and large windows.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,400 SF
Building Class
C
Year Built/Renovated
1950/2015
Price
$1,475,000
Price Per SF
$433.82
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.16 AC
Zoning
CMU - Commercial mixed use
Frontage
94’ on Lombard St

AMENITIES

  • Bus Line
  • Corner Lot
  • Restaurant

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • A
  • 1,700 SF
  • Restaurant
  • End Cap
  • Now

2nd generation restaurant/cafe in prime N Lombard location! The building was renovated in 2015 and features outdoor seating, large windows, full commercial kitchen with hood & walk-ins, common area restrooms, and shared 270 gallon grease trap with separate catering/commercial kitchen also in the building.

Space Size Space Use Position Available
A 1,700 SF Restaurant End Cap Now

A

Size
1,700 SF
Space Use
Restaurant
Position
End Cap
Available
Now

A

Size 1,700 SF
Space Use Restaurant
Position End Cap
Available Now

2nd generation restaurant/cafe in prime N Lombard location! The building was renovated in 2015 and features outdoor seating, large windows, full commercial kitchen with hood & walk-ins, common area restrooms, and shared 270 gallon grease trap with separate catering/commercial kitchen also in the building.

Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Chase Bank
New Seasons Market
Fred Meyer Fuel Center
KeyBank
Columbia Bank
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R292254
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$420,620
  • Listing ID: 31547079

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 5003 N Lombard St, Portland, OR 97203

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