Very Walkable

1457 NE ORENCO STATION PKWY

Hillsboro, OR 97124


$2,800,000

Open House Dates

COMM
9,301 sqft
MLS
17431846
The Orenco offers 11 guest rooms plus exceptional owners quarters in the town center and 1 managed/leased unit. There is potential to add 10 - 15 additional guest rooms & lofts under future lease agreements.Thirty minutes from downtown Portland, Orenco Station is a vibrant live/work and retail community. Surrounded by high-tech biz.Automated management and state of the art ops system. Turn-key.
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Property Details
Price
$2,800,000
Sub Type
Hotel/Motel
Square Feet
9,301
Levels
3
Year Built
2000
Acres
0.09
Lot Square Feet
3,000
Location
County:
Washington
Status:
Active
Estimated Taxes:
$29,568
Listing Office:
All Professionals Real Estate
Listing Last Updated:
September 20, 2017 7:22 AM

 Interior
Interior
Heating
Forced Air
Fuel
Electricity

 Exterior
Exterior
Roof Type
Flat
Construction
Brick

 Lot & Land
Lot & Land
Acres
0.09
Zoning
SCR-V
Sewer
Public
Water
Public
View
Park
road description
Paved
present use
Hotel/Motel


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Hillsboro


Hillsboro is a fast-growing suburb located just 20 minutes west of downtown Portland. In the mid-1800s early pioneers recognized the area’s agricultural richness and established thriving farming and timber industries. With the arrival of the railroad, Hillsboro became the breadbasket of Portland, supplying the city with dairy, fruits, vegetables and wood products. Surrounding communities include Forest Grove, Cornelius and Beaverton.

 

VIBE AND STYLE

Hillsboro is the government seat of Washington County and a thriving center of the agriculture industry. Aptly named the heart of the Silicon Forest, Hillsboro is home to many technologically based companies including Intel. Despite rapid growth, small town charm and tradition remains an integral part of the community. You’ll find residents actively participating in community events, high school sports teams and outdoor activities.

The homes in the area reflect the changing nature of the community. Downtown Hillsboro exhibits a variety of modest and classic historic homes, while being only a short walk away from shopping areas and government offices. Newer residential communities accord any need and style with a mix of upscale row houses, brownstones, live/work units and cottages.  

 

LOCAL SCENE

Beautiful scenery and agricultural richness provide the perfect combination for lush vineyards. Wineries are a popular draw for locals and visitors. The Hillsboro Tuesday Marketplace is a weekly event downtown where local growers, crafters, artists and eateries exhibit and sell their wares. The summer months are filled with entertaining events. Hillsboro’s annual Fourth of July Parade is the second-largest Independence Day parade in Oregon and Oregon’s largest air show, the Oregon International Air Show, is held at the Hillsboro airport.

 

OUTDOOR SANCTUARY

Hillsboro is a golfer’s paradise, with nine golf courses. Praised as one of the nation’s premier courses, Pumpkin Ridge Golf Club was the backdrop of Tiger Woods’ third consecutive U.S. Amateur Championship. Tucked in the foothills of the Tualatin Mountains and surrounded by dense fir, maple and oak trees, the course’s challenging layout demands strategy and accuracy. Hillsboro also hosts several sport complexes and recreational parks including Jackson Bottom Wetland Preserve, a resource for education and home to numerous species of birds.



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

All Professionals Real Estate

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: September 20, 2017 7:22 AM

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