# 220 SW 1ST Ave, Portland, OR 97204 > **TL;DR:** commercial, $1,900,000 ($380/sqft), built 1889, 5,000 sqft. > A/C. Est. $10,161/mo. Listed 347 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,900,000 | | Price/sqft | $380 | | Square Feet | 5,000 | | Year Built | 1889 | | Lot Size | 2,614 sqft (0.06 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 347 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $9,607 | | Estimated Insurance | $554 | | **Total** | **$10,161** | ## Key Amenities - A/C ## Property Highlights - Built in 1889 - 0.06 acre lot - 2 stories ## Description ### Agent 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. ## Location - **Address:** 220 SW 1ST Ave, Portland, OR 97204 - **County:** Multnomah - **Coordinates:** 45.520806, -122.671712 - **Google Maps:** https://www.google.com/maps?q=45.520806,-122.671712 ## Listing Agent - **Name:** Vince Cortese - **Brokerage:** LUXE Forbes Global Properties - **Broker Phone:** (503) 389-2112 ## Photos ![220 SW 1ST Ave - Photo 1](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f3925665690r.jpg) ![220 SW 1ST Ave - Photo 2](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f2763659059r.jpg) ![220 SW 1ST Ave - Photo 3](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f2135312241r.jpg) ![220 SW 1ST Ave - Photo 4](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f2155082478r.jpg) ![220 SW 1ST Ave - Photo 5](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f1092380472r.jpg) ![220 SW 1ST Ave - Photo 6](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f1639238256r.jpg) ![220 SW 1ST Ave - Photo 7](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f129593506r.jpg) ![220 SW 1ST Ave - Photo 8](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f2846720842r.jpg) ![220 SW 1ST Ave - Photo 9](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f4076278798r.jpg) ![220 SW 1ST Ave - Photo 10](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f3145195007r.jpg) ![220 SW 1ST Ave - Photo 11](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f2319044011r.jpg) ![220 SW 1ST Ave - Photo 12](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f638762251r.jpg) ![220 SW 1ST Ave - Photo 13](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f1812655620r.jpg) ![220 SW 1ST Ave - Photo 14](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f2513754987r.jpg) ![220 SW 1ST Ave - Photo 15](http://lh.rdcpix.com/4cb1f3721c415cdcc459ae2b1d954be1l-f2506254965r.jpg) --- **MLS#:** 691061809 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/220-sw-1st-ave-portland-or-97204-2edc895b56f04d99ac75304055f37462) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/220-sw-1st-ave-portland-or-97204-2edc895b56f04d99ac75304055f37462#listing", "url": "https://www.propertysimple.ai/listing/220-sw-1st-ave-portland-or-97204-2edc895b56f04d99ac75304055f37462", "name": "220 SW 1ST Ave, Portland, OR 97204", "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. 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