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Vancouver Office Building For Sale
For Sale
$2,550,000

1111 Broadway St, Vancouver, WA 98660

Office building for sale in Vancouver, Washington.

Property Size9,520 SF
Price / SF$267.86
Days on Market336

Property Features for 1111 Broadway St

General Information

Standard status Active
Size 9,520 SF
Class B
Property subtype Office

Site & Location

Neighborhood Esther Short

Building Details

Building Size 9,520 SF
Year Built 1960
Buildings 1
Listing Agency: Kidder Mathews - Portland
Listed By: Caryl Brown · License #132646
Source: Kidder
Added: Nov 24, 2025 Changed: Oct 25 Last Checked: Aug 22 at 2:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews - Portland

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial property is an office building located in Vancouver, Washington. The property is suitable for office use.

Key Highlights

  • Office building for sale
  • Located in Vancouver, Washington

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$122,605
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,452,100 $2.5M
Cap Rate 7%
$1,751,500 $1.8M
Cap Rate 9%
$1,362,278 $1.4M
Market Conditions
NOI Build-Up for 9,520 SF
Gross rent
$175.9K $18.48/SF
− Vacancy
−$12.5K −$1.31/SF
EGI
$163.5K $17.17/SF
− OpEx
−$40.9K −$4.29/SF
NOI
$122.6K $12.88/SF
Area
Vancouver, WA
Vacancy
7.08%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,452,100
Cap Rate 7%
$1,751,500
Cap Rate 9%
$1,362,278

Alternative Uses

Best Use
Office B
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,605 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M (±1% cap)
NOI $163,049 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Thomas J Foley Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service Butcher Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,038
Businesses Nearby

Demographics for 98660, WA

12,735
Population
7,048
Households
1.8
Avg Household Size
39
Median Age
38%
College-Educated
91%
High-School Grad
15.3 sq mi
ZIP Area
832
Density / Sq Mi
$65,147
Median Household Income
$51,895
Median Earnings
$1,408
Median Rent
$444,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office building for sale in Vancouver, Washington.
Where is this office building located?
The property is located at 1111 Broadway St Vancouver, WA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Office building for sale; Located in Vancouver, Washington
More about this property
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