About This Home

This 0-bedroom, 0-bathroom commercial at 220 SW 1ST Ave in Portland, OR is listed for $1,900,000 ($380 per sqft). Built in 1889, the home offers 5,000 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1889
  • 0.06 acre lot
  • 2 stories

Property Details

2 stories
1889

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$10,162/mo

20% down · 6.5% · 30 years

Principal$1,374
Interest$8,233
Insurance$554

Estimates only. Actual payments may vary.

Location

220 SW 1ST Ave

Portland, OR 97204

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 220 SW 1ST Ave is listed at $1,900,000 ($380/sqft). The estimated monthly payment is $10,161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1889, 0.06 acre lot, 2 stories.

This property is listed by Vince Cortese.

VC

Vince Cortese

Agent at LUXE Forbes Global Properties

Listed by LUXE Forbes Global Properties · Broker phone: (503) 389-2112 · Broker website

MLS# 691061809· Source: Regional Multiple Listing Services· 344 days on PropertySimple

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.

220 SW 1ST Ave, Portland, OR 97204

Open this listing in: