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$1,650,000 Just Listed

  • For Sale
  • Active
  • Commercial Service
  • Updated 2 days ago
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100% occupied multi-tenant building on N Lombard offers excellent exposure and visibility. Separate tax lot offers 13 spaces of off-street parking for the third-party tenants. CM2 and RM2 zoning offers opportunity for redevelopment in the future (check with Portland Zoning and Land Use).

Full Property Details for 2924 N Lombard St

General

  • Price: $1,650,000
  • Taxes: $9,454 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: RWMLS
  • MLS ID: 135954571
  • Updated: 2/13/2026
  • Added to Site: 6 day(s) ago

Parking

  • Total Spaces: 13
  • Parking Features: On Site, Paved

Location

  • County: Multnomah
  • Driving Directions: N Villard

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Heat Pump
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Construction: Brick, Stucco
  • Roof: Flat, Membrane
  • Stories/Levels: 1
  • Square Feet: 6,942
  • Current Bldg. Use: Grocery, Restaurant, Retail
  • Year Built: 1925
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $17,976
  • Tax Amount: $9,454
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Appraisal, Brochure, Profit & Loss Statement
  • Legal Description: BURRAGE TR, BLOCK 17, LOT 20
  • Property ID: R124812

Listed by Windermere Community Realty (503) 249-1706, Rose Ojeda (503) 249-1706 and Windermere Community Commercial (503) 325-5111, Craig Gilbert (503) 313-8282

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Listing agents

— 2924 N Lombard St —

  • Rose Ojeda

    Windermere Community Realty

    503-249-1706

  • Craig Gilbert

    Windermere Community Commercial

    503-325-5111

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2924 N Lombard St

School District:Portland School District 1j
NameGradesDistance
Chief Joseph Elementary School
2409 North Saratoga Street, Portland, OR 97217
K-50.4 mi
Ockley Green
6031 North Montana Avenue, Portland, OR 97217
6-81 mi
Jefferson High School, Portland, OR
5210 North Kerby Avenue, Portland, OR 97217
9-121.6 mi
Roosevelt High School, Portland, OR
6941 North Central Street, Portland, OR 97203
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2924 N Lombard St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/10/2026
Listed
$1,650,000
358.46%
MLS
11/01/1996
Sold
$359,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2924 N Lombard St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,167
4%
$154,650
3%
2024
$4,017
4%
$150,150
3%
2023
$3,863
4%
$145,780
6%
2021
$3,715
-2%
$137,420
-3%
2022
$3,779
2%
$141,540
6%
2021
$3,715
13%
$133,420
3%
2019
$3,283
3%
$129,540
3%
2018
$3,187
4%
$125,770
3%
2017
$3,054
9%
$122,110
3%
2016
$2,795
3%
$118,560
3%
2015
$2,722
2%
$115,110
3%
2014
$2,681
2%
$111,760
3%
2013
$2,619
—
$108,510
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2924 N Lombard St

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Listed by Windermere Community Realty (503) 249-1706, Rose Ojeda (503) 249-1706 and Windermere Community Commercial (503) 325-5111, Craig Gilbert (503) 313-8282

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2924 N Lombard St, Portland, OR 97217 (MLS# 135954571) is a Commercial Service property. 2924 N Lombard St is currently listed for $1,650,000 and was received on February 10, 2026. Want to learn more about 2924 N Lombard St? Do you have questions about finding other Commercial Service real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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