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$1,500,000 Just Listed

  • For Sale
  • Active
  • Industrial
  • Updated 2 days ago
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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!

Full Property Details for 516 S 1st Ave

General

  • Price: $1,500,000
  • Taxes: $3,076 (2025)
  • Status: Active
  • Type: Industrial
  • Source: RWMLS
  • MLS ID: 613404324
  • Updated: 9/24/2026
  • Added to Site: 4 day(s) ago

Parking

  • Parking Features: Off Street, Paved

Location

  • County: Washington
  • Driving Directions: Clipper

Community

  • Community Name: 152 - Hillsboro, Forest Grove

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Mini Split
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Community

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Construction: Block
  • Roof: Membrane
  • Stories/Levels: 2
  • Square Feet: 5,255
  • Current Bldg. Use: Bar, Food Service, Office
  • Year Built: 1975
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $3,076.16
  • Tax Year: 2025
  • Terms: Call Listing Agent, Conventional, Other

Disclosures and Reports

  • Documents Avail.: Appraisal, Brochure, Floor Plan
  • Legal Description: SIMMONS ADD TO HILLSBORO, LOT PTS 4-6
  • Property ID: R1322973

Listed by All Professionals Real Estate (503) 259-2100, Eric Squires (503) 807-3899 and All Professionals Real Estate (503) 259-2100, Scott Osmon (503) 459-1623

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Listing agents

— 516 S 1st Ave —

  • Eric Squires

    All Professionals Real Estate

    503-259-2100

  • Scott Osmon

    All Professionals Real Estate

    503-259-2100

503-807-3899

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 516 S 1st Ave

School District:Hillsboro School District 1j
NameGradesDistance
W Verne Mckinney Elementary School
535 Northwest Darnielle Street, Hillsboro, OR 97124
PK-61 mi
Evergreen Jr High School
29850 NW Evergreen Rd, Hillsboro, OR 97124
7-82.2 mi
Glencoe High School
2700 Northwest Glencoe Road, Hillsboro, OR 97124
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516 S 1st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/23/2026
Listed
$1,500,000
55.84%
MLS
7/29/2026
Sold
$962,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 516 S 1st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,076
—
$193,120
3%
2025
$3,076
—
$187,500
3%
2024
$3,065
3%
$182,040
3%
2023
$2,978
5%
$176,740
6%
2021
$2,839
-2%
$166,610
-3%
2022
$2,897
2%
$171,600
6%
2021
$2,839
5%
$161,760
3%
2019
$2,698
4%
$157,050
3%
2018
$2,583
4%
$152,480
3%
2017
$2,489
3%
$148,040
3%
2016
$2,421
4%
$143,730
3%
2015
$2,323
1%
$139,550
3%
2014
$2,310
2%
$135,490
3%
2013
$2,260
—
$131,550
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 516 S 1st Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by All Professionals Real Estate (503) 259-2100, Eric Squires (503) 807-3899 and All Professionals Real Estate (503) 259-2100, Scott Osmon (503) 459-1623

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Price Reduced near 516 S 1st Ave

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516 S 1st Ave, Hillsboro, OR 97123 (MLS# 613404324) is a Industrial property. 516 S 1st Ave is currently listed for $1,500,000 and was received on September 23, 2026. Want to learn more about 516 S 1st Ave? Do you have questions about finding other Industrial real estate for sale in Hillsboro? You can browse all Hillsboro real estate or contact a Coldwell Banker agent to request more information.

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