Contacts

Denise Brohoski

Commercial Real Estate NW

Property Details

Property Type Retail - Restaurant
Property Size 3,440 SF
Units 2
Lot Size 0.16 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1950
Year Renovated 2015
Date Updated Nov 14, 2024

Located in the University Park neighborhood of North Portland, the subject property is in close proximity to University of Portland, and surrounded by 20,000 residences within a 1 mile radius. Over 16,000 cars travel by the highly visible corner of North Lombard and North Haven daily. Additionally, this area has an excellent walking and biking score.Amazing investment property available in a fantastic area. Built in 1950, the 3,440 SF building saw complete restoration in 2015, creating two beautiful lease spaces. Suite A currently houses a restaurant with its lease expiring October 2025, while Suite B is occupied by a commercial kitchen with their lease expiring in April 2026. Both share a 100 gallon grease trap, and two restrooms located in a common area. Just a few of the amenities include a roll up glass door, outdoor seating, and large windows.

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Highlights

Located in University Park neighborhood
20,000 residents within a 1 mile radius
Traffic counts in excess of 16,000 along N Lombard
7.54% cap solid investment property
Off street parking

Attachments

Offering Memorandum (PDF) opens in new window

Getting around

83/100
Walk Score ®
44/100
Transit Score ®
99/100
Bike Score ®

Powered by Walk Score ®

City Portland, OR
Neighborhood Portsmouth
Zip Code 97203
Market Portland

Points of Interest

Kenton/North Denver Avenue

1.66 miles
Northwest Northrup & 22nd

3.64 miles
Northwest Northrup & 21st

3.67 miles
Northwest Lovejoy & 22nd

3.73 miles
Northwest Northrup & 18th

3.75 miles
New Rose City Cab Company

3.76 miles
Northwest Lovejoy & 21st

3.76 miles
Northwest Northrup & 14th

3.83 miles
Northwest Northrup & 12th

3.87 miles
Northwest 11th & Marshall

3.93 miles

Arco

0.20 miles
76

0.24 miles
Electrify America

0.95 miles
Fred Meyer Fuel

0.97 miles
Shell

1.04 miles
Chevron

1.40 miles
Electric Island

1.84 miles
Astro

1.87 miles
eVgo

2.28 miles
Tesla Supercharger

2.71 miles

Kenna Hall Parking

0.56 miles
CGX Parking

0.62 miles
Main Lot

0.64 miles
Admissions Parking

0.71 miles
Physical Plant Lot 1

0.77 miles
Physical Plant Lot 2

0.78 miles
Physical Plant Lot 3

0.78 miles
Villa Maria Hall

0.83 miles
Library Park

1.62 miles
Delta Park/Vanport

1.91 miles

Louies Pizza and Catering

0.03 miles
Taco Bell

0.03 miles
Domino's

0.05 miles
East Side Delicatessen

0.07 miles
Chef Zhao

0.07 miles
Darcy's

0.09 miles
Lombardo’s Pizzeria

0.09 miles
Cha! Cha! Cha!

0.11 miles
Pizza Hut

0.17 miles
Bagel and Box

0.24 miles

New Colombia Free Food Market

0.57 miles
New Seasons Market

0.60 miles
Coast Guard Exchange

0.61 miles
Fred Meyer

0.95 miles
Grocery Outlet

1.38 miles
Safeway

1.68 miles
Cherry Sprout

2.63 miles
Burlington

2.67 miles
TJ Maxx

2.75 miles
Ross

2.86 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.