Commercial for Sale: 7427 LOMBARD ST, Portland, OR 97203

2,502 sqft
$975,000
$975,000
7427 LOMBARD ST, Portland, OR 97203
2,502 sqft
$975,000
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Price:
$975,000
$225,000 - 08/17/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Square Feet 2,502 sqft
Lot Size 0.15 acres
Year Built 2000
Taxes Paid $3,999
City Portland
Area 141 - Portland North
County Multnomah
MLS 24024640
Status Active
DOM 203 days
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, Projected Rent $1,500 to $1,800 includes Water ,Sewer Washer ,Dryer and Electricity ,and Unit C projected rent $1,100 includes Water,Sewer,Electricity 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 pays Electrical on 7427 N Lombard Tenant pays Electricity 7427 N Lombard has One Main Panel on 7429 N Lombard Seller to perform 1031 tax exchange at no cost to buyer. **Please do not disturb tenants**Seller is motivated!**

Lot & Building Features

Construction Metal Siding, T-111 Siding
Cooling Mini Split
Heating Baseboard, Mini Split
Parking Description On Site, On Street
Sewer Public Sewer
Water Public Water

Price History of 7427 LOMBARD ST, Portland, OR

Date Name Price Difference
08/17/2024 Price Adjustment $975,000 18.75%
07/04/2024 Price Adjustment $1,200,000 4.00%
06/01/2024 Listing Price $1,250,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Jeremy Denny, GRI, REALTOR
Jeremy Denny, GRI, REALTOR
REALTOR, Designated Broker
Direct: 509-637-4441
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by Living Room Realty, Greg Washington
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0.41016717948718%
6.75%
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7427 LOMBARD ST (MLS #24024640) is a commercial listing located in Portland, OR. This commercial listing is 2,502 sqft and on a lot of 6,534 sqft (or 0.15 acres) and is 24 years old. This property was listed on 11/02/2024 and has been priced for sale at $975,000.

Nearby zip codes are 97035, 97210, 97217, 97229 and 97231.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Living Room Realty

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.