5903 N LOMBARD ST Portland, OR $ 1,300,000
5903 N LOMBARD ST
$ 1,300,000
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5903 N LOMBARD ST

Portland, OR, 97203
$ 1,300,000
Baths0.0 Sq 4,712

Monthly Estimate*

$ 8,640

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Studio

Commercial Property for sale in Portland, OR

for $1,300,000. This 4,712 square foot building was built in 1920 on a lot size of 0.2.

Please do NOT disturb tenants. PRICE REDUCED, owner is retiring and ready to step back from bar. A great opportunity to own a mixed-use property in the University Park/St. John area. Excellent exposure on Lombard for both restaurant and turn-key bar. Second floor has a two-bedroom, remodeled apartment, and an one-bedroom apartment. Apartments are spacious with own private entrances. Immediate upside potential.

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Commercial Pending

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,609

Style

Commercial

Lot Size

0.2

Year Built

1920

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23468012

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling WallUnit
Roof Composition Flat
Zoning CM2
Construction Materials WoodFrame
Year Built 1920
Sale Includes Building Business Land
Stories 2
Property SubType Commercial
Tax Year 2023
Current Use Bar MultiFamily Restaurant
Gross Income 106000.0
Business Name Pub and Building
County Multnomah
Operating Expense 30000.0
Property Type CommercialSale
Status Pending
Directions N. Lombard and McKenna
City Portland
MLS Area _141
Lot Size Square Feet 8712.0
Street Name LOMBARD
Listing Terms Cash Conventional
Tax Annual Amount 4609.19
Property Condition Existing
Days on Market 111
Lease Type MonthToMonth
Standard Status Pending
Legal Description WILLUMBIA BLOCK 6 LOT 11-13
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Exterior
Parking Features OnSite OnStreet
Water Source PublicWater
Total Parking 3.0
Building Area Total 4712.0
Lot Dimensions 88'x 100'
Lot Size Acres 0.2
Road Surface Type Paved
Other Equipment Furniture SmokeDetector
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Interior
Street Suffix ST
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Internal Only
Street Number 1 5903
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* Excluded Features
List By
M Maltase Real Estate Group

Broker

michelle@mmaltasegroup.com

Email

Affordability Calculator

$9,024
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$384
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2023$1,300,000 -13.33% Price Down
11/3/2023$1,500,000 Listed Price

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5903 N LOMBARD ST, Portland, OR, 97203 is a Commercial Property for sale at $1,300,000 with 4,712 sqft and a lot size of 0.2. 5903 N LOMBARD ST is a studio with 0.0 baths and was built in 1920. The property's zip code is 97203 which is in Portland, OR