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Lacamas Financial Building 532 NE 3rd Ave 5,320 SF 100% Leased Office Building Camas, WA 98607 $1,500,000 ($281.95/SF) 2.20% Cap Rate
Investment Highlights
- Multi-tenant, Professional Office Building in Downtown Camas
- Wood Framed Construction | Built in 2004
- (14) Tenant Suites w/ (14) Off-Street Parking Spaces
Executive Summary
Marcus & Millichap has been exclusively selected to market for sale the Lacamas Financial Building in downtown Camas, WA.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
5,320 SF
Building Class
B
Year Built/Renovated
1990/2004
Price
$1,500,000
Price Per SF
$281.95
Cap Rate
2.20%
NOI
$33,034
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,660 SF
Building FAR
0.53
Lot Size
0.23 AC
Zoning
DC - Downtown Commercial
Parking
14 Spaces (2.63 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 077600-000 | Improvements Assessment | $869,790 (2025) |
| Land Assessment | $324,610 (2025) | Total Assessment | $1,194,400 (2025) |
Property Taxes
Parcel Number
077600-000
Land Assessment
$324,610 (2025)
Improvements Assessment
$869,790 (2025)
Total Assessment
$1,194,400 (2025)
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Lacamas Financial Building | 532 NE 3rd Ave
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