2924 - 2940 Lombard St. St - Storefront Retail/Residential FOR SALE


Portland, OR 97217- Arbor Lodge
$1,650,000 USD
503-249-1706
2924 - 2940 Lombard St. St, Portland, OR for Sale
$1,650,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | 6.7% Cap Rate

2924 - 2940 Lombard St. St
Portland, OR 97217
Arbor Lodge


HIGHLIGHTS

  • High exposure and visibility location

OVERVIEW

DO NOT DISTURB TENANTS. 1929 AND 1955 CONSTRUCTION PRIVATE PARKING LOT – 13 SPACES TENANTS WITH MULTI-YEAR LEASE TERMS - No vacancies in 20 years, current tenants successfully navigated 2008 recession and COVID-19 pandemic with no late rents HIGH EXPOSURE AND VISIBILITY CORNER - At intersection with traffic light control ARBOR LODGE NEIGHBORHOOD GOOD ACCESSIBILITY TO I-5 AND ST. JOHNS BRIDGE CM2/RM2 ZONING CONTACT BROKER'S FOR CONFIDENTIAL FINANCIAL INFORMATION

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Villard

LAND ACRES

0.34 AC

LAND SF

15,016 SF

ZONING

CM2/RM2

APN/PARCEL ID

R124813

ASK ABOUT THIS PROPERTY

Craig GilbertWindermere Community Commercial RealtyMore Info
503-249-1706

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Craig GilbertWindermere Community Commercial RealtyMore Info
503-249-1706

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