12655 SW Millikan Way 15,255 SF Office/Retail Condo Unit Offered at $1,950,000 in Beaverton, OR 97005
INVESTMENT HIGHLIGHTS
- InEnterprise Zone (EZone Central) - Beaverton Enterprise Zone Program
- Building Improvement Program | Beaverton
- Opportunity Zone - Opportunity Zones | Beaverton
PROPERTY FACTS
| Price | $1,950,000 |
| Unit Size | 15,255 SF |
| No. Units | 1 |
| Total Building Size | 141,815 SF |
| Property Type | Specialty (Condo) |
| Property Subtype | Parking Garage |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 17,819 SF |
| Year Built | 2006 |
| Lot Size | 0.69 AC |
| Parking Ratio | 2.54/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RC-TO |
AMENITIES
- Metro/Subway
- Signage
- Air Conditioning
1 UNIT AVAILABLE
Unit NA
| Unit Size | 15,255 SF |
| Price | $1,950,000 |
| Price Per SF | $127.83 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
An opportunity to acquire a 15,255 SF commercial condo unit located at The Round at Beaverton on the ground floor of a four hundred stall, six-story parking garage. The condo unit has direct exposure to the center of The Round and the Beaverton Central Tri-Met station which serves both the Red and Blue Max Lines.
Featuring a potential outdoor seating area, this opportunity is perfect for a restaurant or experiential retail. Located adjacent to the Beaverton Building, Beaverton City Hall, and the popular BG’s Food Cartel, there are more than 400 multifamily units within one quarter mile of the unit.
A four-minute walk across The Round is the recently completed Patricia Reser Center for the Arts which boasts an expansive art gallery and hosts cultural events throughout the year, bringing foot traffic and vibrancy to the immediate area.
The space is in raw shell condition allowing for multiple configurations ranging from restaurant, experiential retail, traditional storefront retail, service, and office.
SALE NOTES
15,255 SF (divisible)
Next to The Beaverton Building, Beaverton City Hall, Patricia Reser Center for the Arts, and the BG’s Food Cartel
406 multifamily units within one quarter mile of the unit
Shell condition allowing for multiple configurations ranging from restaurant, experiential retail, traditional storefront retail, service, and office uses.
Ground floor of a six-story parking garage with 400 parking stalls
Outdoor seating potential
Incentive programs: Enterprise Zone (EZone Central) - Beaverton Enterprise Zone Program; Opportunity Zone - Opportunity Zones | Beaverton; Building Improvement Program | Beaverton
