Property Description
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.
Property Features
Property Type: Commercial - Business
Cooling: Central Air, MiniSplit
Fuel Type: Electricity, Gas
Heating: Ductless, Forced Air
Lot Size: 0.23 Acres
Roof Type: Flat, Membrane
Stories: 2.0
Taxes: $11,230
Year Built: 1907
Square Feet: 8,600
Feature Descriptions
Gross Income: $138000.00 (Actual)
Loading Information: NoLoadingFacilities
Lot Dimensions: 50x200
Miscellaneous Features: DisplayWindow, MinimalSteps, OutsideLighting
Operating Expenses: $49000.00 (Actual)
Parking Notes: OnSite, Paved
Present Use: Office, Restaurant, Retail
Road Surface: Paved
Sewer: Public Sewer
Truck Door: None
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: Hanna Network
Agency Contact: info@hannanetwork.com
Shown By
Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate
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8535 N Lombard St | MLS# 667519561
This commercial property located at 8535 N Lombard St, Portland, OR 97203 is currently listed for sale with an asking price of $1,725,000. Search Portland real estate on www.williamraven.realtor today.