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The 2/3rds Mixed-Use Investment Opportunity 8737-8791 N Lombard St 13,000 SF Vacant Retail Building Portland, OR 97203 $3,600,000 ($276.92/SF) 6.23% Cap Rate

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INVESTMENT HIGHLIGHTS

Project was Developed in 2014
Well-maintained Storefronts and Excellent Visibility Create a Strong Retail Draw
6 Multifamily Units • 7 Commercial Spaces

Stabilized Project with Strong In-Place Income
Just a Short Distance from the Iconic St. Johns Bridge and Cathedral Park

EXECUTIVE SUMMARY

St. Johns Mixed-Use Investment Opportunity
6 Multifamily Units • 7 Commercial Spaces
--------------------
Sale Price: $3,600,000 ($271/SF)
CAP Rate: 6.23%
NOI: $224,326
Rentable Area: 12,968 SF
Land Area: 0.35 AC
Zoning: CM2 - Commercial Mixed-Use 2

8737 N Lombard - 2-3rds OM

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

13,000 SF

Building Class

B

Year Built

2014

Price

$3,600,000

Price Per SF

$276.92

Cap Rate

6.23%

NOI

$224,326

Percent Leased

Vacant

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.86

Lot Size

0.35 AC

Zoning

CM2 - Commercial Mixed Use 2

Catalyst Enviro
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$9.99
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TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE		LEASE END
Catalyst Enviro	-	-	$9.99	Lorem Ipsum		-

LINKS

Property Website

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Walk Score®

Walker's Paradise (94)

Bike Score®

Biker's Paradise (94)

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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	R146595	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$1,706,720

PROPERTY TAXES

Parcel Number

R146595

Land Assessment

$0

Improvements Assessment

$0

Total Assessment

$1,706,720

(503) 222-2655

CONTACTS

Nicholas Diamond
Riley Henderson
Michael Horter
Capacity Commercial Group LLC

Listing ID: 35492165
Date on Market: 4/15/2025
Last Updated:
Address: 8737-8791 N Lombard St, Portland, OR 97203

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8737-8791 N Lombard St, Portland, OR for sale Building Photo- Image 1 of 13 — Building Photo

8737-8791 N Lombard St, Portland, OR for sale Building Photo- Image 2 of 13 — Building Photo

8737-8791 N Lombard St, Portland, OR for sale Building Photo- Image 3 of 13 — Building Photo

8737-8791 N Lombard St, Portland, OR for sale Building Photo- Image 4 of 13 — Building Photo

8737-8791 N Lombard St, Portland, OR for sale Building Photo- Image 5 of 13 — Building Photo

8737-8791 N Lombard St, Portland, OR for sale Building Photo- Image 6 of 13 — Building Photo

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8737-8791 N Lombard St, Portland, OR for sale Building Photo- Image 8 of 13 — Building Photo

8737-8791 N Lombard St, Portland, OR for sale Building Photo- Image 9 of 13 — Building Photo

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8737-8791 N Lombard St, Portland, OR for sale Other- Image 12 of 13 — Other

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