12720 SW PACIFIC HWY

Portland, 97223

  • Bed

  • Bath

  • 5068 SqFt

  • 1 DOM

  • Built: 1964

  • Status: Active

$1,395,000

X

12720 SW PACIFIC HWY

Portland 97223

$1395000

  • Bed

  • Bath

  • 5068 SqFt

  • 1 DOM

  • Built: 1964

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

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 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.

Features and Utilities

  • CentralAir

  • Baseboard, ForcedAir

  • PublicSewer

  • Electricity, Gas

Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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