The Lombard Building presents a rare opportunity to acquire a meticulously renovated historic property in Portland's central core. Originally built in 1889, the building combines architectural character with modern functionality. The building's location delivers convenient connectivity with multiple MAX stations within a 5-minute walk, Union Station a 15-minute walk, and PDX airport a 21-minute drive. The surrounding Old Town/Chinatown district offers tenants and customers an amenity-rich environment with dining, shopping, and entertainment options, plus close proximity to waterfront parks and the Pearl District. With turnkey condition, tenant income, and unmatched transit access in one of Portland's most dynamic neighborhoods, this represents a compelling core investment opportunity. Seller has an active real estate license in OR.
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Location
220 SW 1ST AVE, Portland, OR 97204
Status
For Sale
Features & Amenities
Area & Lot
StatusFor Sale
Living Area5,000 Sq.Ft.
Total Area5,000 Sq.Ft.
Lot Area2,613 Sq.Ft.
MLS® ID691061809
TypeCommercial
YEAR BUILT1889
Exterior
STORIES2
water SourcePublic Water
parkingOn Street
HEAT TYPEForced Air
AIR CONDITIONINGCentral Air
sewerPublic Sewer
Financial
Sales Price$1,900,000
Real Estate Tax$19,080/yr
ZoningCXD
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