Log In/Sign Up
Your email has been sent.
8523-8527 N Lombard St 7,751 SF 77% Leased Retail Building Portland, OR 97203 $1,637,088 CAD ($211.21 CAD/SF) 8% Cap Rate
Executive Summary
Rare Net leased investment opportunity in the heart of St. Johns. Quality tenants and leases in place. Some leased second floor offices. Main floor 1,600 sf vacant and some second floor offices. Strong Proforma CAP rate ove 8%. Does not include the lot behind. Opportunity to own second building adjoining at 8535-39 N Lombard.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,751 SF
Building Class
C
Year Built
1890
Price
$1,637,088 CAD
Price Per SF
$211.21 CAD
Cap Rate
8%
NOI
$130,967 CAD
Percent Leased
77%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.55
Lot Size
0.11 AC
Zoning
CS, Portland
Frontage
50’ on Lombard
Amenities
- Bus Line
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Prime location in St. Johns. The space has 2 restrooms, multiple sinks plumbed (Old vision clinic). Customer parking in back.
Accessible via stairs only. Renovated 2nd floor with multiple offices.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,647 SF | Retail | In-Line | Now |
| 2nd Floor | 150 SF | Office | - | Now |
1st Floor
| Size |
| 1,647 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 150 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 1,647 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Prime location in St. Johns. The space has 2 restrooms, multiple sinks plumbed (Old vision clinic). Customer parking in back.
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 150 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Accessible via stairs only. Renovated 2nd floor with multiple offices.
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R232276 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $571,862 CAD |
Property Taxes
Parcel Number
R232276
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$571,862 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
8523-8527 N Lombard St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.