Historic St Johns bldg, fully leased & has been impeccably restored w/fully upgraded mechanicals, as well as newer exterior, storefronts & windows. The bldg has been demised into 4 beautifully finished commercial units. Tenants are thriving in this prime location in the heart of St Johns. The 2,806 sq. ft. adjacent lot zoned CSd is also available for sale separately. Four solid leases, with varying terms, please get in touch with the listing broker for more information.
There are limitless opportunities for this core St Johns property. The asset consists of two buildings fronting N Lombard St, as well as 10,000 SF of commercial mixed-use land. An outdoor beer garden, food cart pod, indoor bar, pickleball courts, daycare, retail, office, dance or yoga studio, or multi-tenant investment are all possibilities. Occupy one space and have the other space help pay your debt service. Get creative!
Location, location, location: Walkscore-95, Bike Score-93! Experience classic charm and modern comfort in this beautiful Craftsman home in Portland's desirable St. Johns neighborhood. Meticulous remodeling maintains its historical character while providing modern amenities. With new wiring, plumbing, and a gas furnace, it combines historic elegance with peace of mind. The flexible layout accommodates a 4-bed, 2.5-bath primary unit and a 2-bed, 1-bath ADU with a separate entrance. In the main home, there are 2 bedrooms located on the 1st floor with a full bathroom and 2 more 2 bedrooms upstairs with a full bath. Walkscore of 95 with easy access to St. Johns' dining, shopping, and Cathedral Park. As a bonus, this home has a unique historical connection, as it was originally built by Nancy Caples, one of the St. John's pioneers. This piece of history adds an extra layer of character to the property. Don't miss this exceptional opportunity to own a piece of Portland's history. Walkscore-95, Bike Score-93. Commercial zoning, or mixed use type situation. Great live/work opportunity.
Great St. Johns location, this listing includes 2 buildings, 7427 and 7429 N Lombard, on one tax lot. There are 4 units total: two have 5 year leases (Unit A of 7427 and chiropractic office in 7429) and two are vacant (Unit B, was renting for $1,000/mo and Unit C projected rent $1,250 Unit A rents for $920.00 per Month)7429 N Lombard rents for $1,695 per Month,7427 N Lombard: 1800 sq ft, built in 2000, sewer, electrical and water line replaced in 2012. Units A and C have ADA restrooms.7429 N Lombard: 702 sq ft, built in 2015, connected to the sewer/water of 7427. Includes one unit which has an ADA restroom. All units have separate electrical panels. Seller to perform 1031 tax exchange at no cost to buyer. **Please do not disturb tenants**Seller is motivated!**
The median home value in Portland, OR is $423,300. This is higher than the county median home value of $411,100. The national median home value is $219,700. The average price of homes sold in Portland, OR is $423,300. Approximately 50.26% of Portland homes are owned, compared to 43.77% rented, while 5.96% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Oregon 97203 has a population of 630,331. Portland 97203 is less family-centric than the surrounding county with 29% of the households containing married families with children. The county average for households married with children is 32.31%.
The median household income in Portland, Oregon 97203 is $61,532. The median household income for the surrounding county is $60,369 compared to the national median of $57,652. The median age of people living in Portland 97203 is 36.8 years.
The average high temperature in July is 80 degrees, with an average low temperature in January of 36.6 degrees. The average rainfall is approximately 42.8 inches per year, with 2.9 inches of snow per year.