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8535 N LOMBARD ST Portland, OR $ 1,725,000
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8535 N LOMBARD ST
$ 1,725,000
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8535 N LOMBARD ST

Portland, OR, 97203
$ 1,725,000
Bedrooms-- Baths-- Sq 8,600
8535 N LOMBARD ST, Portland, OR 97203 - Image 1
8535 N LOMBARD ST, Portland, OR 97203 - Image 2
8535 N LOMBARD ST, Portland, OR 97203 - Image 3
8535 N LOMBARD ST, Portland, OR 97203 - Image 4
8535 N LOMBARD ST, Portland, OR 97203 - Image 5
8535 N LOMBARD ST, Portland, OR 97203 - Image 6

Property for Rent in Portland, OR

for $1,725,000. This 8,600 square foot property was built in 1907 on a lot size of 0.23.

Rare Net leased investment opportunity in the heart of St. Johns. Quality tenants and leases in place. Some leased second floor offices. Upside in finishing second floor that is unfinished. Strong Proforma CAP rate over 8%. Includes parking lot behind. Opportunity to own second building adjoining at 8523-27 N Lombard.

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Rental Active

Price

$ 1,725,000

Taxes

$ 11,230

Style

Commercial

Lot Size

0.23

Year Built

1907

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

667519561
Features
General
Sewer PublicSewer
Heating Ductless ForcedAir
Cooling CentralAir MiniSplit
Roof Flat Membrane
Zoning MU
Construction Materials Concrete FullBasement
Year Built 1907
Sale Includes Building Land
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Office Restaurant Retail
Parcel Number R232277
Gross Income 138000.0
County Multnomah
Operating Expense 49000.0
Property Type CommercialSale
HOA N
Status Active
Directions Corner of Lombard and Burlington
City Portland
MLS Area _141
Lot Size Square Feet 10018.0
Listing Terms Cash Conventional
Tax Annual Amount 11230.0
Property Condition UpdatedRemodeled
Lease Type FullService NNN
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description P T SMITHS ADD BLOCK 5 LOT 4 & 5
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Exterior
Parking Features OnSite Paved
Water Source PublicWater
Total Parking 10.0
Building Area Total 8600.0
Lot Dimensions 50x200
Lot Size Acres 0.23
Road Surface Type Paved
Other Equipment Sprinkler
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Internal Only
Street Number 1 8535
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* Excluded Features
List By
Hanna Network

Broker

info@hannanetwork.com

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2026$1,725,000 Listed Price

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8535 N LOMBARD ST, Portland, OR, 97203 is a Property for Rent at $1,725,000 with 8,600 sqft and a lot size of 0.23. 8535 N LOMBARD ST was built in 1907. The property's zip code is 97203 which is in Portland, OR

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