8803 N Lombard St, Portland, OR
Retail for Sale - $595,000 - 9,262 Sq. Ft. on 5227 acres
Property Info
| CIMLS# | 659808 |
| Location 8803 N Lombard St Portland OR 97203 | |
| Updated | February 10th, 2014 |
| Type | Retail |
| Price | $595,000 |
| Building | 9,262 Sq. Ft. |
| Land | 5227 acres |
Property Description
The historic "Jower's" building presents a unique development opportunity in the heart of downtown St John's. The two story building features approximately 5,000 square feet of ground floor retail storefront and approximately 4,000 square feet of second floor space that could be built out as creative office or apartments. This is a great opportunity for an investor/developer to capitalize on the flourishing St John's neighborhood.
Location Description:
The subject property is located in the St. Johns neighborhood in north Portland, at the confluence of the Columbia and Willamette Rivers. The neighborhood is connected to Portland's west side via the famous St. Johns Bridge, providing easy access to Downtown Portland as well as Beaverton and Hillsboro.
Highlights:
>> Walking distance to restaurants, coffee shops, and retail
>> On TriMet bus line's 4, 44, and 75 with service to downtown Portland
>> Historic 1906 construction
>> Excellent redevelopment project in an emerging area
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Financials
Sales Info:
>> Commision split: 3.0%