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

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Krishna Regupathy

Principal Broker

(503) 893-8874

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.

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Residence Information

  • 5068

  • Flat

  • OffStreet,OnSite

  • 2

  • 1964

  • No

Features and Utilities

  • CentralAir

  • Baseboard, ForcedAir

  • PublicSewer

  • Electricity, Gas

Financial

  • 8367.95

  • Cash,Conventional

  • 03-24-2026

  • No

  • No

Comparable Information

  • 1

  • 1

  • Cash,Conventional

  • $1,395,000

  • $1,395,000

  • Mar 24, 2026 12:52

Schools

Map

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Mar 25, 2026 09:28 | Listing last modified Mar 24, 2026 12:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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