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2917 Washington St 1,909 SF 100% Leased Retail Building Vancouver, WA 98660 $925,000 ($484.55/SF) 8.43% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location
- New Roof
- Private Parking
- ADA Accessible
EXECUTIVE SUMMARY
RARE **Downtown Vancouver** is a meticulously remodeled stand-alone office building, ideally situated in the heart of downtown Vancouver, WA. This prime property boasts a spacious private parking lot, enhancing accessibility and convenience.
Having been completely renovated down to the studs, the building features industrial modern finishes. Professionally designed, ready to accommodate various business needs. Custom glass doors were in stalled throughout. Within the last 5 years it has had New Roof, Electrical, French drain, Mini Split, Kitchenette, Floors, Doors, and so much more. Owner Willing to Carry portion in 2nd position.
Spanning two floors, the structure offers a flexible layout that supports both single-company occupancy and sub-leasing options. The main floor is ADA accessible, and has 4 separate entrances, it provides an excellent opportunity for additional income through sub-leasing, making it an ideal investment opportunity or owner user. The layout boasts two conference rooms, two private offices (one with direct access to exterior), three private work areas, waiting area/open workspace, a kitchenette/lounge area, and dining area. Great for co-op work space.
Located right off Main Street in a thriving neighborhood giving the benefits of being a part of the community and just seconds away from thriving businesses and bustling. This property is perfectly positioned for easy access to local amenities, ensuring a premium professional environment. Don’t miss out on this unique opportunity to own prime piece of downtown Vancouver real estate. Owner willing to sell furniture. Tenant is month to month.
Having been completely renovated down to the studs, the building features industrial modern finishes. Professionally designed, ready to accommodate various business needs. Custom glass doors were in stalled throughout. Within the last 5 years it has had New Roof, Electrical, French drain, Mini Split, Kitchenette, Floors, Doors, and so much more. Owner Willing to Carry portion in 2nd position.
Spanning two floors, the structure offers a flexible layout that supports both single-company occupancy and sub-leasing options. The main floor is ADA accessible, and has 4 separate entrances, it provides an excellent opportunity for additional income through sub-leasing, making it an ideal investment opportunity or owner user. The layout boasts two conference rooms, two private offices (one with direct access to exterior), three private work areas, waiting area/open workspace, a kitchenette/lounge area, and dining area. Great for co-op work space.
Located right off Main Street in a thriving neighborhood giving the benefits of being a part of the community and just seconds away from thriving businesses and bustling. This property is perfectly positioned for easy access to local amenities, ensuring a premium professional environment. Don’t miss out on this unique opportunity to own prime piece of downtown Vancouver real estate. Owner willing to sell furniture. Tenant is month to month.
DATA ROOM Click Here to Access
- Market Information
FINANCIAL SUMMARY (ACTUAL - 2023) 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
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) 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 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
1,909 SF
Building Class
A
Year Built
1905
Price
$925,000
Price Per SF
$484.55
Cap Rate
8.43%
NOI
$78,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.13 AC
Zoning
R-9 - Commercial/Retail
Parking
5 Spaces (2.62 Spaces per 1,000 SF Leased)
Frontage
150’ on Washington st
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
- Wheelchair Accessible
- Recessed Lighting
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Real Estate
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
They are an innovative Real Estate Brokerage who loves to crush it on a daily basis. Selling homes comes second to providing value. They are firm believers in valuing people over profit. Although they equally believe that winning is one of their top priorities. If you don't enjoy winning then this is probably not the right company. They are like a busy family, even in the midst of craziness they still find time to have fun. They have two locations in Downtown Portland, OR and Downtown Vancouver, WA. They are growing at a rapid pace, and are having fun in the process.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Real Estate | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 008600-000 | Improvements Assessment | $248,700 (2025) |
| Land Assessment | $121,400 (2025) | Total Assessment | $370,100 (2025) |
PROPERTY TAXES
Parcel Number
008600-000
Land Assessment
$121,400 (2025)
Improvements Assessment
$248,700 (2025)
Total Assessment
$370,100 (2025)
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2917 Washington St
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