5003 N Lombard St - Restaurant FOR SALE


Portland, OR 97203- Portsmouth
$950,000 USD
503-309-5106
5003 N Lombard St, Portland, OR for Sale
$950,000 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

5003 N Lombard St
Portland, OR 97203
Portsmouth


HIGHLIGHTS

  • Commercial kitchen available for owner user
  • 2nd gen restaurant leased through 8/3031
  • Pro forma cap rate: 8%
  • Off-street parking
  • 20,000 residents within a 1 mile radius
  • Over 16,000 ADT

OVERVIEW

Originally built in 1950 and comprehensively restored in 2015, this 3,440 SF building presents a distinctive owner-user opportunity in North Portland. The property comprises two well-appointed suites: Suite A, a 1,700 SF second-generation restaurant leased through 8/31/2031 & Suite B, a commercial kitchen available now. Shared infrastructure includes a 270-gallon grease trap and common-area restrooms. The building features a roll-up glass door, outdoor seating, and expansive windows that bring natural light throughout. Well-suited for an operator seeking both a flagship location and a complementary income stream.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CMU

APN/PARCEL ID

R292254

ASK ABOUT THIS PROPERTY

Denise BrohoskiCommercial Real Estate NWMore Info
503-309-5106

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Denise BrohoskiCommercial Real Estate NWMore Info
503-309-5106

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