Commerce Plaza

7000 Southwest Hampton Street, Tigard, OR 97223

  • For Sale $12,500,000
  • Property Type Office - General Office
  • Property Size 80,770 SF
  • Units 70
  • Lot Size 4.8 Acre
  • Parking Spaces Avail. 316
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1974
  • Date Updated Aug 20, 2025
Commerce Plaza is a significant redevelopment property in Tigard, OR. Positioned in the dynamic Southwest Portland market, the area presents a wealth of opportunities for the conversion of office space into apartments. With easy access to major thoroughfares and public transportation, the location offers convenience and connectivity. Nearby, companies like Nike and Intel fuel the local economy, while the array of dining, retail, and entertainment options in the vicinity cater to the needs of tenants. From Washington Square to the picturesque parks, the area's diverse attractions create an appealing environment for residents and investors alike. The location itself is adorned with many large Oak trees and lush landscaping.Introducing an exceptional opportunity for redevelopment of an existing two-story office complex into multifamily in the Tigard Triangle. This impressive property boasts three two-story buildings totaling approximately 80,770 SF with 70 office suites, and 316 surface parking spaces. Zoned "Triangle Mixed Use (TMU)," the property offers versatility and potential for diverse usage, currently at 90% occupancy with short-term leases, and the ability to maintain cash flow while redeveloping the property in phases. The structures lend themselves well to multifamily redevelopment by virtue of the building widths, central courtyards, wood framing, and existing infrastructure. There is excess land area that could accommodate an additional building and still have ample parking ratios. Its strategic location further enhances its appeal, positioning it as a prime asset for investors seeking a lucrative addition to their portfolio. This sought-after property represents a compelling investment opportunity in the thriving Southwest Portland market.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 10' ceiling heights
  • 316 existing surface parking spaces
  • 70 existing office suites
  • 90% occupancy, short term leases
  • Easy conversion to multifamily
  • Three separate buildings totaling 80,770 SF
  • Zoned Triangle Mixed Use (TMU)

Contacts

broker
Skip Rotticci

Macadam Forbes

Location

Getting Around

  • Walk Score ®

    45/100 Car-Dependent

  • Transit Score ®

    32/100 Some Transit

  • Bike Score ®

    74/100 Very Bikeable
Powered by Walk Score ®
  • City Tigard, OR
  • Neighborhood Metzger
  • Zip Code 97223
  • Market Portland

Points of Interest

  • Willamette Shore Trolley Lake Oswego Station

    4.26 miles

  • Oaks Park

    5.29 miles

  • Zoo Train

    5.89 miles

  • Bancroft Street

    5.90 miles

  • Marquam Hill

    5.92 miles

  • PSU South/Southwest 5th & Jackson

    6.52 miles

  • PSU Urban Center

    6.72 miles

  • Southwest Market & Park

    6.77 miles

  • Southwest 11th & Clay

    6.81 miles

  • Southeast Water/OMSI

    6.92 miles

  • Electrify America

    0.41 miles

  • Shell

    0.69 miles

  • Costco Gasoline

    0.69 miles

  • Chevron

    0.79 miles

  • 76

    1.06 miles

  • Astro

    1.42 miles

  • EVGo Fast Charging

    2.14 miles

  • Tesla Supercharger

    2.26 miles

  • eVgo

    2.35 miles

  • ChargePoint

    2.45 miles

  • Tigard Park & Ride

    0.63 miles

  • Tigard Public Library parking

    0.83 miles

  • Tigard Transit Center

    0.97 miles

  • P2

    1.05 miles

  • P1

    1.08 miles

  • P12

    1.15 miles

  • P3

    1.16 miles

  • P13

    1.21 miles

  • P14

    1.22 miles

  • Extended Stay America

    0.14 miles

  • Hampton Inn & Suites Portland Tigard

    0.52 miles

  • Crowne Plaza

    0.68 miles

  • Phoenix Inn

    0.73 miles

  • Hilton Garden Inn Portland/Lake Oswego

    0.80 miles

  • Fairfield Inn

    0.84 miles

  • Residence Inn

    0.88 miles

  • Quality Inn

    0.99 miles

  • Westlake Meadows Apartments

    1.04 miles

  • Tigard Regency Inn

    1.10 miles

  • Subway

    0.40 miles

  • Which Wich?

    0.43 miles

  • Mashita Teriyaki

    0.45 miles

  • Downstairs Deli

    0.55 miles

  • Oswego Grill

    0.67 miles

  • Costco Food Court

    0.67 miles

  • Chipotle

    0.69 miles

  • Pizza Caboose

    0.71 miles

  • Killer Burger

    0.71 miles

  • Olive Garden

    0.74 miles

  • Portland Seminary

    0.11 miles

  • George Fox University - Portland Center

    0.12 miles

  • Westside Christian High School

    0.84 miles

  • Summit Salon Academy of Portland

    0.95 miles

  • Oak Creek Elementary School

    0.96 miles

  • Engineering for Kids

    1.02 miles

  • Sumner College

    1.18 miles

  • Portland Community College Sylvania

    1.18 miles

  • Saint Anthony School

    1.31 miles

  • West Hills Schools Montessori

    1.39 miles

  • KinderCare

    1.03 miles

  • Bee Bops

    1.36 miles

  • Kalapuya Early Learning Center

    1.53 miles

  • Metzger Community Preschool

    1.65 miles

  • Sonshine Preschool & Kindergarten

    1.70 miles

  • The Children's Hour Academy

    1.97 miles

  • Noah's Ark Preschool

    2.05 miles

  • Monarch Learning Center

    2.15 miles

  • Burlingame Preschool

    2.23 miles

  • Small World Learning Center

    5.34 miles

Frequently Asked Questions

How much does Commerce Plaza cost?

The space currently listed for sale at Commerce Plaza asks for $12,500,000.

What is the total square footage of Commerce Plaza?

Commerce Plaza totals 80,770 square feet.

When was this property built?

Commerce Plaza was built in 1974.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Skip Rotticci

Macadam Forbes

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.