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7421-7427 N Lombard St
Portland, OR 97203
CLASSIC N. PDX TAVERN AND LAND PRICE REDUCED · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Bar
Building Size
4,057 SF
Building Class
C
Year Built
1916
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.20 AC
Zoning
CM2 - Mixed Use
Frontage
144’ on Lombard St

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

About 7421-7427 N LOMBARD ST , PORTLAND, OR 97203

The subject property is located at 7421-7427 N Denver Avenue in Port- land, Oregon. Erected in 1916 from wood-frame construction, there is a 4,097 square foot building formerly operating as a restaurant/tavern. The property consists of two lots, zoned commercial, mixed-use 2, “CM2,” which allows for a variety of uses including retail, multifamily, commercial, mixed-use and more. ( for more information regarding zoning, please see following pages.) There is onsite parking and a pole sign on N Lombard Street for advertising. Positioned on a signaled intersection at the corner of N Lombard Street and N Denver Avenue. N Lombard Street is a main arterial and has frequent transit service. The property is near Interstate Avenue which provides ac- cess to the MAX Transit line. The property is near many national retailers including, Rite Aid, Walgreens, Fred Meyer, Wendy’s, Chevron, New Sea- son’s and more. Additionally, local amenities include La Salle High School, Arbor Lodge Park, Kenton City Park and more. The site benefits from a strong walk score of 83, “Very Walkable,” and an impressive bike score of 98, “Biker’s Paradise.” The opportunity is ideal for an owner/user or developer. An owner/user may purchase the property and continue operating as a restaurant and/or tavern location. Alternately, the site could be redeveloped for an alternative retail use, multifamily, mixed-use and more.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R163646
  • R163642
Land Assessment
$232,080
Improvements Assessment
$0
Total Assessment
$434,030
  • Listing ID: 15045897

  • Date on Market: 2/1/2019

  • Last Updated:

  • Address: 7421-7427 N Lombard St, Portland, OR 97203

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