Log In/Sign Up
Your email has been sent.
Donn Allen's Crosley Lanes 2400 E Evergreen Blvd 40,002 SF Retail Building Vancouver, WA 98661 $5,990,000 ($149.74/SF)
Investment Highlights
- 2.80 acres located within a federally designated Opportunity Zone – offering significant tax benefits for investors.
- Current improvements include a large-format bowling alley building, and cell tower with ample parking.
- Flexible redevelopment potential, suitable for multi-family, retail, or mixed-use development (subject to zoning).
- Strategic mixed-use setting surrounded by residential communities and small businesses.
- Cell tower with monthly income.
- High-visibility location with strong long-term growth prospects.
Executive Summary
Multi Family Mixed Use High-Potential Redevelopment in Opportunity Zone
This property, currently operating as a bowling alley, presents a rare development opportunity within a federally designated Qualified Opportunity Zone. Surrounded by a mix of residential neighborhoods and small businesses, the site offers exceptional redevelopment potential with access to significant tax incentives.
Sales Price: $5,990,000 (including cell tower lease)
This property, currently operating as a bowling alley, presents a rare development opportunity within a federally designated Qualified Opportunity Zone. Surrounded by a mix of residential neighborhoods and small businesses, the site offers exceptional redevelopment potential with access to significant tax incentives.
Sales Price: $5,990,000 (including cell tower lease)
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
40,002 SF
Building Class
C
Year Built
1950
Price
$5,990,000
Price Per SF
$149.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
2.80 AC
Opportunity Zone
Yes
Zoning
C3 - Rezoning to be approved early 2022 - Opportunity Zone
Parking
150 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
437’ on Evergreen Blvd
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Allen's Crosley Lanes
- Arts, Entertainment, and Recreation
- -
- -
- -
- Interstate Lanes
- Arts, Entertainment, and Recreation
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Allen's Crosley Lanes | Arts, Entertainment, and Recreation | - | - | - | ||
| Interstate Lanes | Arts, Entertainment, and Recreation | - | - | - |
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 030872-000 | Improvements Assessment | $1,722,710 |
| Land Assessment | $1,878,360 | Total Assessment | $3,601,070 |
Property Taxes
Parcel Number
030872-000
Land Assessment
$1,878,360
Improvements Assessment
$1,722,710
Total Assessment
$3,601,070
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Donn Allen's Crosley Lanes | 2400 E Evergreen Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.