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2811 E Evergreen Blvd 12,000 SF 100% Leased Office Building Vancouver, WA 98661 $3,150,000 ($262.50/SF)
Investment Highlights
- Community Commercial zoning supports a variety of commercial uses.
- Includes conference rooms, executive offices, and open work areas.
- Existing tenant income with flexibility for future occupancy plans.
- Renovated in 2021 with modern facility improvements.
- Reinforced poured-in-place concrete construction.
- Bank vault is included in the purchase price.
Executive Summary
2811 East Evergreen Blvd presents an owner-occupier acquisition opportunity in Vancouver, Washington. The property consists of an approximately 12,000-square-foot commercial facility situated on an approximately 1.08-acre parcel and is offered for sale at $3,150,000. The building was originally constructed in 1971 and renovated in 2021, creating a move-in-ready environment for medical, professional, or other commercial users seeking immediate occupancy.
The property is zoned Community Commercial (CC), allowing for a broad range of potential uses, including medical services, financial institutions, fitness facilities, childcare operations, certain mixed-use businesses, and professional office users. The existing layout includes multiple conference rooms, executive offices, and open-plan workspace areas that can support a variety of operational needs. Modern restroom configurations and a bank vault included in the purchase price further enhance the functionality of the asset.
A reinforced poured-in-place concrete structure provides a durable physical plant, while the available parking ratio of approximately 5 spaces per 1,000 square feet supports employee and visitor access. The property also benefits from existing tenant income with flexibility for the tenant to remain or relocate, offering potential occupancy options for a future owner.
The combination of recent renovations, flexible zoning, established improvements, and occupancy flexibility positions the property for organizations seeking a headquarters, medical office, professional services location, or long-term commercial ownership opportunity in Vancouver.
The property is zoned Community Commercial (CC), allowing for a broad range of potential uses, including medical services, financial institutions, fitness facilities, childcare operations, certain mixed-use businesses, and professional office users. The existing layout includes multiple conference rooms, executive offices, and open-plan workspace areas that can support a variety of operational needs. Modern restroom configurations and a bank vault included in the purchase price further enhance the functionality of the asset.
A reinforced poured-in-place concrete structure provides a durable physical plant, while the available parking ratio of approximately 5 spaces per 1,000 square feet supports employee and visitor access. The property also benefits from existing tenant income with flexibility for the tenant to remain or relocate, offering potential occupancy options for a future owner.
The combination of recent renovations, flexible zoning, established improvements, and occupancy flexibility positions the property for organizations seeking a headquarters, medical office, professional services location, or long-term commercial ownership opportunity in Vancouver.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
12,000 SF
Building Class
B
Year Built/Renovated
1979/2021
Price
$3,150,000
Price Per SF
$262.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.26
Lot Size
1.08 AC
Opportunity Zone
Yes
Zoning
CC - Community Commercial
Amenities
- High Ceilings
- Natural Light
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 030881-000 | Improvements Assessment | $2,004,570 |
| Land Assessment | $558,330 | Total Assessment | $2,562,900 |
Property Taxes
Parcel Number
030881-000
Land Assessment
$558,330
Improvements Assessment
$2,004,570
Total Assessment
$2,562,900
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