Rare opportunity to acquire a fully renovated, multi-suite medical and professional office building in the heart of downtown Tigard's MU-CBD corridor. 5,068 SF across 5 suites. 3 available for owner-occupancy or lease-up, 2 occupied by established tenants. 30 on-site parking spaces. Approximately 40,000 VPD frontage on SW Pacific Hwy with… Read More prominent signage. Suite 1 (1,172 SF) is a former chiropractic suite with reception with granite counters and wainscoting, 6 private offices, natural wood-paneled ceiling, recessed lighting, kitchenette, and natural light in every room. Suite 3 (875 SF) fully built out for medical or professional use, features 5 offices, quartz counters, laundry, and reception. A shared office/breakroom between Suites 1 and 3 allows them to combine into one suite of approximately 2,047 SF or remain fully independent, each with its own dual entrance. Suites 2 (985 SF) and Suite 4 (820 SF) are currently leased with long-tenured tax professional and an established massage practice, providing immediate income.Unit 5 (1,188 SF) is a finished basement with dual entrance, 3 offices, large entrance area, back room with sink and laundry hookup, and storage. Built 1964, updated 2021. Natural stone facade with wood siding painted in 2022 and higher-capacity HVAC. Each suite has been individually updated and individually metered electric service per unit. MU-CBD zoning permits medical, professional office, retail, and residential uses, providing long-term development optionality rarely available in this submarket. Read Less
Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Commercial
Square Ft.
5,068
Lot Size
0.33 Acres
Year Built
1964
MLS Number
258501050
30 Days Snapshot Of 97223
$729k
+24%
(avg) sold price
31
+6%
homes sold
64
+60%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 5068, Built in 1964, Commercial Features: InsideStorage, MinimalSteps, Office, Sign, TenantSign, Construction Materials: Stone, WoodFrame, WoodSiding, Current Use: MedicalDental, Office, ProfessionalService, Office Square Feet: 5,068, Stories: 2
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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