7155 Varns St Tigard, OR 97223

This exceptional investment opportunity presents a two-building executive office complex in Tigard, Oregon, situated on a 0.91-acre lot. The property features a total of 13,221 square feet of space, with one building encompassing 5,938 square feet across two stories. Currently operating as a multi-tenant property with a 50% occupancy rate and short-term leases, this presents a unique opportunity for an owner-user to consolidate operations or for an investor to acquire a property with significant upside potential. The buildings are wood-framed and boast Class C construction. The property is zoned C-P, allowing for flexibility in future use. Ample parking is available, providing 3 spaces per 1,000 square feet, with additional on-street parking along Varns Street. The complex benefits from excellent visibility due to signage facing SW 72nd Avenue and enjoys convenient access to Interstate 5 and Highway 217. The seller is open to converting the property into a condo plat with shared parking. Recent improvements include new exterior paint completed in the summer of 2024. The asking price is $1,650,000, and the lease type is gross. This property offers a compelling combination of location, size, and potential for immediate return on investment.