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Investment Highlights

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

Executive Summary

Originally built in 1950 and comprehensively restored in 2015, this 3,440 SF building presents a distinctive owner-user opportunity in North Portland. The property comprises two well-appointed suites: Suite A, a leased 1,740 SF second-generation restaurant available now and Suite B, a commercial kitchen available now. Shared infrastructure includes a 270-gallon grease trap and common-area restrooms. The building features a roll-up glass door, outdoor seating, and expansive windows that bring natural light throughout. Well-suited for an operator seeking both a flagship location and a complementary income stream.

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
$1,100,000
Price Per SF
$323.53
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
  • B
  • 1,700 SF
  • Restaurant
  • -
  • Now

1,700 SF Commercial Kitchen available For Lease 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.

Space Size Space Use Position Available
B 1,700 SF Restaurant - Now

B

Size
1,700 SF
Space Use
Restaurant
Position
-
Available
Now

B

Size 1,700 SF
Space Use Restaurant
Position -
Available Now

1,700 SF Commercial Kitchen available For Lease 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.

Fairly walkable
50/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
70/100

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

Contact the Sale Advisor

5003 N Lombard St

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