5803 SW Beaverton-hillsdale Hwy - Freestanding FOR SALE


Portland, OR 97221- Bridlemile
$4,950,000 USD
971-219-3344
5803 SW Beaverton-hillsdale Hwy, Portland, OR for Sale
$4,950,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

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5803 SW Beaverton-hillsdale Hwy
Portland, OR 97221
Bridlemile


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,630 SF

ZONING

RM1

APN/PARCEL ID

R305077

ASK ABOUT THIS PROPERTY

Bill JacksonJohn L. Scott Portland SWMore Info
971-219-3344

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Bill JacksonJohn L. Scott Portland SWMore Info
971-219-3344

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.