Ground Floor Retail in
For Lease
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238-242 SE Washington, Hillsboro, OR 97123
Ground floor retail is available in the Troy Building, directly on the MAX Blue Line in downtown Hillsboro.
Space Size3,072 SF
Days on Market63
Property Features for 238-242 SE Washington
General Information
Standard status
Active
Size
3,072 SF
Property subtype
Retail
Additional Details
Multifamily Units
5
Building Details
Building Size
3,072 SF
Year Built
1940
Year Renovated
2015
Tenancy
Single
Spaces For Lease
at 238-242 SE Washington Contact us- Size
- 3,072 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Avaiable Space
Listing Agency:
Ethos Commercial Advisors
Listed By:
Dana Solof · License #OR 201212599
Source:
Crexi
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 11 at 4:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ethos Commercial Advisors
Investment Insights
Based on property information with market context.
The Troy Building was constructed in 1940 and extensively renovated in 2015. It is a mixed-use landmark with five residential units above and 3,072 SF of ground floor retail space now available for the first time in seven years. The exterior features an iconic color block design that has become a recognizable facade in the downtown core.
Located in the heart of downtown Hillsboro, the building sits directly on the MAX Blue Line. Hillsboro Central Station is one block away, and the Hillsboro Transit Center is within easy reach. The property is also positioned about five blocks from OHSU Hillsboro Medical Center, one of the area’s largest employers, and Intel’s Hillsboro campuses are approximately two miles away.
This configuration can work well for retailers seeking street-level presence within a transit-connected downtown environment, with nearby demand drivers including OHSU Hillsboro Medical Center and the Intel campus area. As a ground floor space in an established landmark building, it provides an opportunity to join an active mixed-use address with residential units above and frequent transit access at the building site.
Located in the heart of downtown Hillsboro, the building sits directly on the MAX Blue Line. Hillsboro Central Station is one block away, and the Hillsboro Transit Center is within easy reach. The property is also positioned about five blocks from OHSU Hillsboro Medical Center, one of the area’s largest employers, and Intel’s Hillsboro campuses are approximately two miles away.
This configuration can work well for retailers seeking street-level presence within a transit-connected downtown environment, with nearby demand drivers including OHSU Hillsboro Medical Center and the Intel campus area. As a ground floor space in an established landmark building, it provides an opportunity to join an active mixed-use address with residential units above and frequent transit access at the building site.
Key Highlights
- 1940‑built Troy Building extensively renovated in 2015
- Ground floor retail space totaling 3,072 SF
- Mixed‑use building with five residential units above the retail
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 97123, OR
48,369
Population
17,685
Households
2.7
Avg Household Size
37
Median Age
36%
College-Educated
87%
High-School Grad
55.7 sq mi
ZIP Area
868
Density / Sq Mi
$105,999
Median Household Income
$50,578
Median Earnings
$1,814
Median Rent
$489,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Ground floor retail is available in the Troy Building, directly on the MAX Blue Line in downtown Hillsboro.
Where is this retail space located?
The property is located at 238-242 SE Washington Hillsboro, OR.
What are key features of this property?
This property features: 1940‑built Troy Building extensively renovated in 2015; Ground floor retail space totaling 3,072 SF; Mixed‑use building with five residential units above the retail
