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15524 SE Mill Plain Blvd 10,956 SF 90% Leased Office Building Vancouver, WA 98684 $2,950,000 ($269.26/SF)
Investment Highlights
- Prime location on SE Mill Plain Boulevard with excellent signage potential
- Immediate access to I-205 and SR-14 for regional connectivity
- Located in a growing Vancouver market with favorable demographics
- High-traffic corridor offering strong consumer exposure
- Surrounded by national retailers, dining, and service businesses
Executive Summary
Positioned along one of Vancouver’s most prominent commercial corridors, this property offers exceptional visibility and access in a thriving retail and service hub. Located on SE Mill Plain Boulevard, the site benefits from strong traffic counts and proximity to major arterials, including I-205 and SR-14, ensuring seamless connectivity to Portland and the greater Vancouver metro area. The surrounding trade area features a dynamic mix of national retailers, restaurants, and professional services, creating a robust consumer draw and sustained foot traffic.
This freestanding asset is ideal for an owner-user seeking a high-profile location or an investor looking to capitalize on Vancouver’s expanding commercial market. The property’s strategic positioning within a dense residential and retail corridor enhances long-term value, supported by strong demographics and continued regional growth. Nearby amenities include major shopping centers, healthcare facilities, and Vancouver’s vibrant suburban neighborhoods, making this an attractive acquisition for businesses prioritizing visibility and convenience.
This freestanding asset is ideal for an owner-user seeking a high-profile location or an investor looking to capitalize on Vancouver’s expanding commercial market. The property’s strategic positioning within a dense residential and retail corridor enhances long-term value, supported by strong demographics and continued regional growth. Nearby amenities include major shopping centers, healthcare facilities, and Vancouver’s vibrant suburban neighborhoods, making this an attractive acquisition for businesses prioritizing visibility and convenience.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
10,956 SF
Building Class
B
Year Built
2004
Price
$2,950,000
Price Per SF
$269.26
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,478 SF
Slab To Slab
10’
Building FAR
0.43
Lot Size
0.58 AC
Zoning
C3
Parking
25 Spaces (2.28 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 115301-210 | Total Assessment | $2,119,800 |
| Land Assessment | $480,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,639,400 | Tax Year | 2025 |
Property Taxes
Parcel Number
115301-210
Land Assessment
$480,400
Improvements Assessment
$1,639,400
Total Assessment
$2,119,800
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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15524 SE Mill Plain Blvd
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