5003 N Lombard St Listing Details & Market Data

5003 N Lombard St, Portland, OR 97203

  • For Sale $1,625,000
  • Property Type Retail - Restaurant
  • Property Size 3,440 SF
  • Units 2
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1950
  • Year Renovated 2015
  • Date Updated Apr 29, 2024
Located in the University Park neighborhood of North Portland, the subject property is in close proximity to University of Portland, and surrounded by 20,000 residences within a 1 mile radius. Over 16,000 cars travel by the highly visible corner of North Lombard and North Haven daily. Additionally, this area has an excellent walking and biking score.Amazing investment property available in a fantastic area. Built in 1950, the 3,440 SF building saw complete restoration in 2015, creating two beautiful lease spaces. Suite A currently houses a restaurant with its lease expiring October 2025, while Suite B is occupied by a commercial kitchen with their lease expiring in April 2026. Both share a 100 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.

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Highlights

  • Located in University Park neighborhood
  • 20,000 residents within a 1 mile radius
  • Traffic counts in excess of 16,000 along N Lombard
  • 7.54% cap solid investment property
  • Off street parking

Contacts

broker

Denise Brohoski

Commercial Real Estate NW

(503) 309-5106

Location

Getting Around

  • Walk Score ®

    Very Walkable (83)
  • Transit Score ®

    Some Transit (44)
  • Bike Score ®

    Biker's Paradise (99)
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Portsmouth
  • Zip Code 97203
  • Market Portland

Points of Interest

  • Kenton/North Denver Avenue

    1.66 miles

  • North Lombard Transit Center

    1.85 miles

  • Rosa Parks

    1.99 miles

  • North Killingsworth Street

    2.23 miles

  • Expo Center

    2.36 miles

  • North Prescott Street

    2.56 miles

  • Overlook Park

    2.94 miles

  • Albina/Mississippi

    3.60 miles

  • Northwest Northrup & 22nd

    3.64 miles

  • Northwest 23rd & Marshall

    3.65 miles

  • Arco

    0.20 miles

  • 76

    0.24 miles

  • Chevron

    0.96 miles

  • Fred Meyer Fuel

    0.97 miles

  • Shell

    1.04 miles

  • Chevron

    1.40 miles

  • Chevron

    1.61 miles

  • Shell

    1.83 miles

  • Electric Island

    1.84 miles

  • Astro

    1.87 miles

  • University Park Baptist Church

    0.46 miles

  • CGX Parking

    0.62 miles

  • Library Park

    1.62 miles

  • Delta Park/Vanport

    1.91 miles

  • Ridge Trail Parking

    2.24 miles

  • Lot 7

    2.40 miles

  • Lot 6

    2.42 miles

  • Lot 5

    2.45 miles

  • Lot 4

    2.48 miles

  • Lot 1

    2.51 miles

  • Louies Pizza and Catering

    0.03 miles

  • Taco Bell

    0.03 miles

  • Domino's

    0.05 miles

  • East Side Delicatessen

    0.07 miles

  • Chef Zhao

    0.07 miles

  • Darcy's

    0.09 miles

  • Cha! Cha! Cha!

    0.11 miles

  • Pizza Hut

    0.17 miles

  • Bagel and Box

    0.23 miles

  • Flying Pie Pizzeria

    0.24 miles

  • New Colombia Free Food Market

    0.57 miles

  • New Seasons Market

    0.60 miles

  • Coast Guard Exchange

    0.61 miles

  • Fred Meyer

    0.95 miles

  • Green Zebra Grocery

    1.11 miles

  • Grocery Outlet

    1.38 miles

  • Safeway

    1.68 miles

  • Fred Meyer

    1.92 miles

  • New Seasons Market

    2.03 miles

  • Walmart Supercenter

    2.21 miles

Contact Listing Broker

broker

Denise Brohoski

Commercial Real Estate NW

(503) 309-5106