Remodeled Office Space For
For Sale
Contact for pricing
1409 Broadway St., Vancouver, WA 98660
Remodeled office space with parking in Vancouver, Washington.
Property Size1,668 SF
Price / SF$449.64
Days on Market158
Property Features for 1409 Broadway St.
General Information
Standard status
Active
Size
1,668 SF
Class
C
Total Parking Spaces
2
Property subtype
Office
Investment Type
Owner/User
Listing Agency:
Fuller Group
Listed By:
Scott Higgins · License #WA
Source:
Crexi
Added: May 12
Changed: Oct 3
Last Checked: Oct 14 at 11:10PM
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 Fuller Group
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Investment Insights
Based on property information with market context.
This remodeled Class C office space is located at 1409 Broadway St. in Vancouver, WA. The property offers 1,668 square feet of space. The layout includes two private offices, a conference room, a kitchen and break area, a bathroom, and a fireplace in the common workspace. The property includes two dedicated parking spaces, with additional street parking available. This property is suitable for an owner-occupier.
Key Highlights
- Remodeled office space suitable for owner/occupier
- Features 1,668 SF of space
- Includes 2 private offices and a conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,482
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,640
$429.6K
Cap Rate 7%
$306,886
$306.9K
Cap Rate 9%
$238,689
$238.7K
Market Conditions
NOI Build-Up for 1,668 SF
Gross rent
$30.8K $18.48/SF
− Vacancy
−$2.2K −$1.31/SF
EGI
$28.6K $17.17/SF
− OpEx
−$7.2K −$4.29/SF
NOI
$21.5K $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%
$429,640
Cap Rate 7%
$306,886
Cap Rate 9%
$238,689
Alternative Uses
Best Use
Office B
$306.9K
$268.5K – $358.0K
NOI $21,482 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.1K
$357.1K – $476.1K
NOI $28,568 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,044
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Remodeled office space with parking in Vancouver, Washington.
Where is this office units located?
The property is located at 1409 Broadway St. Vancouver, WA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Remodeled office space suitable for owner/occupier; Features 1,668 SF of space; Includes 2 private offices and a conference room
