Professionally Remodeled Office
1316 NE 99TH St Vancouver, WA 98665
1316 NE 99TH St, Vancouver, WA, 98665
$730,000
For Sale
$730,000
Remodeled office building with private entrance, six offices, reception, conference room, kitchenette, and two restrooms.
Property Size1,610 SF
Price / SF$453.42
Days on Market349
Property Features for 1316 NE 99TH St
General Information
- Standard status
- Active
- Size
- 1,610 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1951
Listing agency
Opportunities W/ Venture CRE
(520) 909-4424
Listed by
Lyle Stratton · License #861100172
(520) 909-4424
Source
Xome
Added: Aug 7, 2025 Updated: Jul 20 at 7:24PM Checked: Jul 21 at 3:06AM
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 Opportunities W/ Venture CRE
Investment Insights
Based on property information with market context.
Professionally remodeled office building with a modern interior layout designed for flexible work settings. The space includes six private offices, two larger team offices, a reception area, a conference room, a kitchenette, and two restrooms. The property also offers a private entrance and a separate lockable suite with its own restroom.
The building is described as having high traffic count and easy access to I-5, supporting day-to-day visibility and convenient arrival.
Overall, the configuration provides both individual office space and shared team areas, with dedicated reception and meeting space for client-facing use.
The building is described as having high traffic count and easy access to I-5, supporting day-to-day visibility and convenient arrival.
Overall, the configuration provides both individual office space and shared team areas, with dedicated reception and meeting space for client-facing use.
Key Highlights
- Professionally remodeled office building with 6 private offices, 2 larger team offices, reception, and conference room
- Private entrance plus separate lockable suite with its own restroom
- Includes kitchenette and 2 restrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.8k | $18.48 |
| − Vacancy | −$2.1k | −$1.31 |
| EGI | $27.6k | $17.17 |
| − OpEx | −$6.9k | −$4.29 |
| NOI | $20.7k | $12.88 |
1,610 SF · lease $18.48/SF/yr · vacancy 7.08% · expense 25.00%
Alternative Uses
Best Use
Office B
$296.2K
$259.2K – $345.6K
NOI $20,735 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.9K
$344.7K – $459.6K
NOI $27,574 @ 7.0% cap · market cap 3.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Venture Commercial Real ...
Real Estate Agency
Andi Costello, Commercial ...
Real Estate Agency
Stratton Innovations. LLC. ...
Construction Company
Lyle Stratton Commercial ...
Real Estate Agency
Veela Massage
Alternative Medicine Practice
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FAQs
What type of property is this?
Office units - Remodeled office building with private entrance, six offices, reception, conference room, kitchenette, and two restrooms.
Where is this office units located?
The property is located at 1316 NE 99TH St Vancouver, WA.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Professionally remodeled office building with 6 private offices, 2 larger team offices, reception, and conference room; Private entrance plus separate lockable suite with its own restroom; Includes kitchenette and 2 restrooms
