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5803 SW Beaverton-hillsdale Hwy 38,459 SF 100% Leased Retail Building Portland, OR 97221 $4,950,000 ($128.71/SF)
EXECUTIVE SUMMARY
The commercial property formerly known as the Portland Athletic Club located at
5803 SW Beaverton Hillsdale Hwy in Portland is available for repurposing or
redevelopment. The parcel is 2.012 acres or 87,629 square feet zoned RM-1.
The vacant and available property consists of a 1 1/2 story commercial building with
42,180 square feet previously used as a tennis club and athletic facility.
Highest and best use of the property is ongoing use as a sports and entertainment
center or redevelopment for multi-family housing or senior living.
This is an estate sale. The list price is $4,950,000 or $56.00 PSF Land Value.
The list price is based on an appraisal completed in April 2024.
The appraisal is available for review to all qualified parties.
5803 SW Beaverton Hillsdale Hwy in Portland is available for repurposing or
redevelopment. The parcel is 2.012 acres or 87,629 square feet zoned RM-1.
The vacant and available property consists of a 1 1/2 story commercial building with
42,180 square feet previously used as a tennis club and athletic facility.
Highest and best use of the property is ongoing use as a sports and entertainment
center or redevelopment for multi-family housing or senior living.
This is an estate sale. The list price is $4,950,000 or $56.00 PSF Land Value.
The list price is based on an appraisal completed in April 2024.
The appraisal is available for review to all qualified parties.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
38,459 SF
Building Class
C
Year Built
1978
Price
$4,950,000
Price Per SF
$128.71
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
2.01 AC
Zoning
RM1 - RM1 zone is a low-scale multi-dwelling zone. Duplexes, triplexes, row houses, courtyard housing, small apartment buildings.
Parking
15 Spaces (0.39 Spaces per 1,000 SF Leased)
Frontage
244’ on Beaverton-hillsdale Hwy
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- E Force Training
- Services
- -
- $8.93
- Plus Utilities
- Oct 2019
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| E Force Training | Services | - | $8.93 | Plus Utilities | Oct 2019 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R305077 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,935,490 |
PROPERTY TAXES
Parcel Number
R305077
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,935,490
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5803 SW Beaverton-hillsdale Hwy
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