Attempting to run a NetStandard class library that's been turned into a console app shows an error about "RunCommand" missing

Ported from https://github.com/dotnet/roslyn-project-system/issues/1309

1. Create a new C# .NetStandard library.
2. Open properties pages and change the Application type to Console Application.
3. Add a static Main method to the class.
4. F5

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Microsoft Visual Studio
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Unable to run your project. The "RunCommand" property is not defined.
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OK   
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[GrahamTheCoder]

Relatedly, ASP NET non-core works so long as RunComand property is defined and a few other things like this:

<Project Sdk="Microsoft.NET.Sdk.Web">
  <PropertyGroup>
    <OutputType>Library</OutputType>
    <OutputPath>bin\</OutputPath>
    <AppendTargetFrameworkToOutputPath>false</AppendTargetFrameworkToOutputPath>
    <RunCommand>$(MSBuildExtensionsPath64)\..\IIS Express\iisexpress</RunCommand>
    <RunArguments>/path:&quot;$(MSBuildProjectDirectory)&quot; /port:18082</RunArguments>
  </PropertyGroup>
  ...rest of file...
</Project>

Obviously use whatever port and IIS bitness you want

(Improved thanks to @rainersigwald)

[rjperes]

Any news on this? How can we go around it?