220-228 SW 1st Ave - Storefront Retail/Office FOR SALE


Portland, OR 97204- Old Town-Chinatown
$1,900,000 USD
503-380-8570
220-228 SW 1st Ave, Portland, OR for Sale
$1,900,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

220-228 SW 1st Ave
Portland, OR 97204
Old Town-Chinatown


OVERVIEW

The Lombard Building presents a rare opportunity to acquire a meticulously renovated historic property in Portland's central core. Originally built in 1889, the building combines architectural character with modern functionality. The building's location delivers convenient connectivity with multiple MAX stations within a 5-minute walk, Union Station a 15-minute walk, and PDX airport a 21-minute drive. The surrounding Old Town/Chinatown district offers tenants and customers an amenity-rich environment with dining, shopping, and entertainment options, plus close proximity to waterfront parks and the Pearl District. With turnkey condition, tenant income, and unmatched transit access in one of Portland's most dynamic neighborhoods, this represents a compelling core investment opportunity. Seller has an active real estate license in OR.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$380 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Lombard Bldg

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1889

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CX

APN/PARCEL ID

R246008

ASK ABOUT THIS PROPERTY

Vince CorteseLUXE | Forbes Global PropertiesMore Info
503-380-8570

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Vince CorteseLUXE | Forbes Global PropertiesMore Info
503-380-8570

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.