$1,900,000

220 Sw 1ST Ave, Portland, OR 97204

5,000 sqft

Commercial Property
Built in 1889
2,614sqft lot
—— car garage
$380/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: November 19, 2025 at 06:00AM
Listing Office:: LUXE Forbes Global Properties : 503-389-2112
Listing Agent:: Vince Cortese : 503-380-8570
MLS ID:: 691061809

A/C: Central air
Heating: Forced air

Parking: On street

Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: CXDPORTLANDBLOCK 26W 50' OF LOT 6S 0.5' OF W 1/2 OF LOT 7R246008
Current Use: OfficeOtherRetail

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Vince Cortese, LUXE Forbes Global Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Emerson School

105 NW Park Ave, Portland, OR, 97209

Grades KG-5

0.43 miles away

Metropolitan Learning Center

2033 NW Glisan St, Portland, OR, 97209

Grades KG-12

1.12 miles away

Lincoln High School

1600 SW Salmon St, Portland, OR, 97205

Grades 9-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.