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155 SE 2nd Ave 3,710 SF Retail Building Hillsboro, OR 97123 $755,000 ($203.50/SF)
Investment Highlights
- Ground floor currently leased to wine merchant
- Potential for owner user to take over ground floor
- Second level unfinished office/retail
Executive Summary
This 3,710 SF commercial property offers a compelling investment opportunity in the heart of Hillsboro. The building features a leased ground-floor retail storefront
providing stable in-place income, along with an unfinished upper-level space that presents significant upside potential.
The second floor offers a blank slate for an owner-user or investor to build out additional office or retail space, enhancing overall usability and future revenue. This combination of existing cash flow and value-add opportunity makes the property well-suited for investors seeking income with growth potential, or owner-users looking to occupy and customize space above a performing retail tenant.
providing stable in-place income, along with an unfinished upper-level space that presents significant upside potential.
The second floor offers a blank slate for an owner-user or investor to build out additional office or retail space, enhancing overall usability and future revenue. This combination of existing cash flow and value-add opportunity makes the property well-suited for investors seeking income with growth potential, or owner-users looking to occupy and customize space above a performing retail tenant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,710 SF
Building Class
B
Year Built
1950
Price
$755,000
Price Per SF
$203.50
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.70
Lot Size
0.05 AC
Zoning
SCC-DT
Frontage
26’ on SE 2nd Ave
Amenities
- Bus Line
- Commuter Rail
- Signage
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (85)
Nearby Major Retailers
Property Taxes
| Parcel Number | R0702494 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $271,430 |
Property Taxes
Parcel Number
R0702494
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$271,430
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155 SE 2nd Ave
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