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NE 136th Ave - Multifamily / Retail Development Opportunity 1.43 Acres of Commercial Land Offered at $2,195,000 in Vancouver, WA 98684
Executive Summary
developer will be short platting the parcel into two
separate parcels, providing future ownership with
flexibility and optionality—including the potential to sell
one of the parcels or hold each asset independently to
support diversification of investment strategy.
Property Facts
| Price | $2,195,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.43 AC |
| Property Type | Land | Cross Streets | NE 9th Street |
| Price | $2,195,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.43 AC |
| Cross Streets | NE 9th Street |
1 Lot Available
Lot
| Price | $2,195,000 | Lot Size | 1.43 AC |
| Price Per AC | $1,534,965.03 |
| Price | $2,195,000 |
| Price Per AC | $1,534,965.03 |
| Lot Size | 1.43 AC |
Description
MAJ Commercial Real Estate is pleased to present a premier development opportunity in Vancouver, WA. This ±1.44-acre site is approved for a 36-unit multifamily community alongside a ±2,400 SF retail/office building. MAJ Development will deliver the subject site with full site plan approval with the City of Vancouver, including full civil design approval as well as full architectural construction plans for both the multifamily and retail developments. Strategically located at the SW corner of NE 136th Ave and NE 9th Street, the site benefits from excellent visibility and access, with traffic counts of approximately 24,000 vehicles per day. Surrounding new developments and major national retailers include In-N-Out Burger, Mercedes Sprinter, Land Rover, Lexus, Lithia Motors, WinCo Foods, and the Firstenburg Community Center— creating strong demand drivers for both residential and retail uses.
