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516 S 1ST AVE Hillsboro, OR $ 1,500,000
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516 S 1ST AVE
$ 1,500,000
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516 S 1ST AVE

Hillsboro, OR, 97123
$ 1,500,000
Bedrooms-- Baths-- Sq 5,255

Monthly Estimate*

$ 9,471

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Commercial Property for sale in Hillsboro, OR

for $1,500,000. This 5,255 square foot building was built in 1975 on a lot size of 0.22.

Flexible IG zoning suitable for a wide variety of industrial, office, or flex space uses. Owner User and multi-tenant work here. Close proximity to downtown Hillsboro, major arterials, and TriMet access. Whether expanding your portfolio or securing a flexible building for your own use, 516 S 1st Ave is a strategic opportunity you don't want to miss. Call today to schedule a private tour and explore the possibilities!

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 3,076

Style

Industrial

Lot Size

0.22

Year Built

1975

Town/City

Hillsboro

County/Region

Washington

MLS | Web ID

613404324
Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Membrane
Zoning I-G
Construction Materials Block
Year Built 1975
Sale Includes Building Land
Stories Count 2
Property Subtype Industrial
Tax Year 2025
Current Use Bar FoodService Office
Parcel Number R1322973
Gross Income 0
County Washington
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Clipper
City Hillsboro
MLS Area _152
Lot Size Square Feet 9583.0
Listing Terms CallListingAgent Conventional Other
Tax Annual Amount 3076.16
Property Condition Approximately
Virtual Tour https://my.matterport.com/show/?m=uf3qUsodJtH&mls=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SIMMONS ADD TO HILLSBORO LOT PTS 4-6
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Exterior
Parking Features OffStreet Paved
Water Source Community
Number of Buildings 1
Building Area Total 5255.0
Lot Size Acres 0.22
Road Surface Type Paved
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Internal Only
Street Number 1 516
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* Excluded Features
List By
All Professionals Real Estate

Broker

503-807-3899

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Affordability Calculator

$9,727
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$256
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/24/2026$1,500,000 Listed Price

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516 S 1ST AVE, Hillsboro, OR, 97123 is a Commercial Property for sale at $1,500,000 with 5,255 sqft and a lot size of 0.22. 516 S 1ST AVE was built in 1975. The property's zip code is 97123 which is in Hillsboro, OR

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