16079 SW RAILROAD ST Sherwood, OR $ 2,200,000
16079 SW RAILROAD ST
$ 2,200,000
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16079 SW RAILROAD ST

Sherwood, OR, 97140
$ 2,200,000
Bedrooms-- Baths-- Sq 10,553
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Property for Rent in Sherwood, OR

for $2,200,000. This 10,553 square foot property was built in 1914 on a lot size of 0.18.

This iconic property is the D. M. Pankhard Building and an adjoining building on one tax lot in the heart of Old Town Sherwood. The property is located on the corner of Washington and Railroad Streets. This walkable property location attracts many visitors since it is near The Sherwood Center for the Performing Arts, City Hall and historic Old Town antique and retail stores. There are four retail tenants with NNN leases on the ground floor and thirteen small office tenants on the second floor with full service lease structure. This remarkable property can be shown in full with an accepted offer, but a tour can be scheduled as needed to see the common areas of the building upon request. Shown by appointment with listing broker present. Do not disturb the Tenants. Financials available upon request.

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Rental Active

Price

$ 2,200,000

Taxes

$ 17,133

Style

Commercial

Lot Size

0.18

Year Built

1914

Town/City

Sherwood

County/Region

Washington

MLS | Web ID

287137238

Features
General
Sewer PublicSewer
Heating HeatPump
Cooling CentralAir
Roof Membrane
Zoning RC
Construction Materials Brick WoodFrame
Year Built 1914
Sale Includes Building Land
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Office Restaurant Retail
Parcel Number R555303
Gross Income 0
County Washington
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Take 99W to Sherwood to Sunset Boulevard to Main Street to the property.
City Sherwood
MLS Area _151
Lot Size Square Feet 7840.0
Listing Terms Cash Contract Conventional
Tax Annual Amount 17133.45
Property Condition Existing
Lease Type FullService NNN
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SMOCK VILLE BLOCK 1 LOT 5-6 ACRES 0.18
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Exterior
Parking Features OnStreet
Water Source PublicWater
Number of Buildings 1
Building Area Total 10553.0
Lot Size Acres 0.18
Road Surface Type Paved
Other Equipment SecuritySystem SmokeDetector
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Interior
Ceiling Height 0
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Internal Only
Street Number 1 16079
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* Excluded Features
List By
Miller Consulting Group, Llc

Broker

mary@millerconsultinggroup.net

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2026$2,200,000 Listed Price

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16079 SW RAILROAD ST, Sherwood, OR, 97140 is a Property for Rent at $2,200,000 with 10,553 sqft and a lot size of 0.18. 16079 SW RAILROAD ST was built in 1914. The property's zip code is 97140 which is in Sherwood, OR