$3,986,000 USD
503-975-9301
253 E Main St
Hillsboro, OR 97123
Downtown Hillsboro
HIGHLIGHTS
- Brand new 7-year lease with established event company; commences January 1, 2026
- Building has received major renovations including interior upgrades in 2021, major building systems upgrades in 2008, and seismic upgrades
- The floor plan features three distinct areas which allows for multiple sources of revenue by the operator
- Located on Main Street which has undergone a substantial resurgence with breweries, coffee shops, retailers, and restaurants nearby
FOR SALE DETAILS
PRICE
$3,986,000 USD
PRICE/SF
$365 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Venetian
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Movie Theatre
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1911
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,841 SF
ZONING
SCC-CBD, Hillsboro
APN/PARCEL ID
R0702118
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503-975-9301
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503-975-9301
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