7145 Varns StTigard, OR 97223

For Sale
$2,040,000

Prime Tigard office, 7,283 sq ft, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional two-story, 7,283 square foot office building in Tigard, Oregon, presents a compelling owner/user or investment opportunity. Located at 7145 SW Varns St, 97223, this property boasts a desirable location with quick access to Interstate 5 and Highway 217, ensuring convenient commutes. The building features ample off-street parking, supplemented by additional parking along Varns Street (3 spaces per 1,000 sq ft). The exterior received a fresh coat of paint in Summer 2024. Currently operating with multiple tenants on short-term leases, this presents flexibility for an owner/user to occupy a portion or the entire space, or for an investor to acquire a multi-tenant property. The building sits on a 0.91-acre lot and is zoned C-P. The property is currently 50% occupied. The seller is open to converting the property into a condo plat with shared parking lot use. This is a fantastic opportunity to acquire a well-located, versatile office building in a thriving Tigard market. The asking price is $2,040,000. The building is part of a larger complex totaling 13,221 square feet, and features prominent signage facing SW 72nd Avenue. This property is offered as a gross lease.

Highlights

  • $2,040,000 asking price for a 7,283 SF office building in Tigard, Oregon.
  • Owner/user opportunity with 50% occupancy and a gross lease structure.
  • Two-story building on a 0.91-acre lot with 3 parking spaces per 1,000 sq ft.
  • Prominent signage on SW 72nd Avenue, convenient access to I-5 and Hwy 217.
  • Recently updated with new exterior paint (Summer 2024).

Property Details for 7145 Varns St

Property type
Other office properties, Office properties
Square Feet
7,283 SF
Stories
2
Lot Size (sq. ft)
39,640 SF

Location Insight

City
Tigard
County
Washington
State
Oregon
Latitude
45.4245164
Longitude
-122.7508289
7145 Varns St, Tigard, Oregon

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7145 Varns St
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