1400 48Th AveHillsboro, OR 97124

For Sale
$8,000,000

49,058 SF Flex Building, $8M Asking

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional 49,058-square-foot mixed-use building presents a compelling investment opportunity in Hillsboro, Oregon. Located at 1400 NE 48th Ave, this two-story structure, built in 1994, sits on a 2.78-acre lot within an industrial park zoning district. The property features a blend of office, retail, and light industrial spaces, currently occupied by multiple tenants. The building boasts six grade-level bay doors and two loading docks, providing ample access for loading and unloading. High ceilings, airy entries, and substantial warehouse space contribute to its functionality. The asking price is $8,000,000, translating to $163.07 per square foot. This property offers a unique blend of uses, making it suitable for a variety of investment strategies. Its prime location across from a Hillsboro Costco further enhances its appeal and potential for strong returns. The building's size and versatile layout provide significant flexibility for future tenants and operational needs. This is a rare opportunity to acquire a substantial, well-located mixed-use property in a thriving Oregon market. The property's features include a total of 49,058 square feet of net rentable space, housed within a single building.

Highlights

  • $8,000,000 asking price for a 49,058 square foot mixed-use building.
  • Located at 1400 NE 48th Ave, Hillsboro, OR 97124.
  • Features 49,058 square feet of net rentable space, priced at $163.07 per square foot.
  • Built in 1994, this two-story building sits on a 2.78-acre lot in an Industrial Park zoning district.
  • Includes six grade-level bay doors and two loading docks.

Property Details for 1400 48Th Ave

Property type
Other specialty properties, Churches & religious facilities
Square Feet
49,058 SF
Year Built
1994
Buildings
1
Stories
2
Lot Size (sq. ft)
121,097 SF

Location Insight

City
Hillsboro
County
Washington
State
Oregon
Latitude
45.535472305052
Longitude
-122.9336483581
1400 48Th Ave, Hillsboro, Oregon

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1400 48Th Ave
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