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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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16079 SW Railroad St , Sherwood, OR 97140
$2,200,000
Est. Payment: $11,235.75/mo
0 Bed
0 Bath
10553 Sqft
Status: Active | Days on site: 21
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MILR01 - MARTINMM,MORRISMJ
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Sarita Dua, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Sarita Dua
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House Description

This iconic property is the D. M. Pankhard Building and an adjoining building on one tax lot in the heart of Old Town Sherwood. The property is located on the corner of Washington and Railroad Streets. This walkable property location attracts many visitors since it is near The Sherwood Center for the Performing Arts, City Hall and historic Old Town antique and retail stores. There are four retail tenants with NNN leases on the ground floor and thirteen small office tenants on the second floor with full service lease structure. This remarkable property can be shown in full with an accepted offer, but a tour can be scheduled as needed to see the common areas of the building upon request. Shown by appointment with listing broker present. Do not disturb the Tenants. Financials available upon request.
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Highlights

Listed by Mary Martin Miller , 503-740-9200 and Michael Morris , 503-740-9200 Miller Consulting Group, LLC , 503-740-9200. Portland Regional Multiple Listing Service mls logo

Property Type

Commercial Sale
Lot/Acreage
0.18

Year Built

1914

County

Washington

Area

151 - Tigard, Tualatin, Sherwood, Wilsonville

Listing ID

287137238

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Security System,Smoke Detector
Air Cond:Central Air
Fireplaces:
Water:Public Water

Exterior Features

Zoning:RC
Roof:Membrane
Others:
  • ▪ Additional:Existing
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$11,236
Taxes
$1,428

Home Price

$2,200,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$440,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,235.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,235.75 $1,427.79 $0.00 $12,663.53
Yearly $134,828.95 $17,133.45 $0.00 $151,962.40
Total $4,044,868.44 $514,003.50 $0.00 $4,558,871.94

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Sherwood, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-09-07T15:54:13.000Z

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