< Back to Search

For Sale

12404 SW BROADWAY ST

12404 SW Broadway Street | Beaverton, OR 97005

Property Details

Price$1,150,000
Building Size4,800 SF
Property Size0.11 Acres

Supporting Documents

Description

  • The property consists of one tax lot containing 0.11 acres. The structure is approximately 4,800 square feet comprised of three rental units. Two of the units are leased on a month-to-month basis, and the third unit has a new 5-year lease. The site occupies a very desirable corner in downtown Beaverton, with frontage on both SW Broadway and SW Hall Blvd.
  • Zoning: RC-OT

Highlights

  • The property has high visibility prime corner in downtown Beaverton with frontage on both Hall Blvd and Broadway Street.
  • 3 tenants give an investor lower risk for steady income.
  • The two long term tenants are on Month-to-Month leases providing a Buyer flexibility in possible repositioning the property.
  • The newest tenant is investing substantial money into upgrading the space and has secured a grant from the City of Beaverton.
  • The City of Beaverton is advocating for the redevelopment of the downtown, many buildings are being refurbished and improving the overall perception of the area.

Brokers