Freestanding Retail Building with
2825 E 4th Plain Blvd Vancouver, WA 98661
2825 E 4th Plain Blvd, Vancouver, WA, 98661
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For Sale
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One-story concrete freestanding building with mezzanine office/storage, ample parking, and prominent frontage along a high-visibility retail corridor.
Property Size14,830 SF
Price / SF$180.04
Days on Market149
Property Features for 2825 E 4th Plain Blvd
General Information
- Standard status
- Active
- Size
- 14,830 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1958
Listing agency
KW Commercial Portland Central
Listed by
Harris Niazi · License #138710
Source
Crexi
Added: Feb 23 Updated: Jul 21 at 9:44PM Checked: Jul 21 at 9:44PM
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 KW Commercial Portland Central
Investment Insights
Based on property information with market context.
This freestanding retail building is a one-story concrete structure that includes mezzanine office and storage areas. The property is currently vacant, with a former tenant noted as Aaron’s, and it is positioned to serve a range of retail, showroom, or service-oriented users.
The building is located along the high-visibility E Fourth Plain Blvd retail corridor in Vancouver, WA. It sits adjacent to Walmart Neighborhood Market and Starbucks, with convenient access described as just minutes to downtown Vancouver, the waterfront, and I-5/I-205/SR-500.
The site offers ample parking and prominent frontage, supporting strong day-to-day customer access for retail or showroom operations.
The building is located along the high-visibility E Fourth Plain Blvd retail corridor in Vancouver, WA. It sits adjacent to Walmart Neighborhood Market and Starbucks, with convenient access described as just minutes to downtown Vancouver, the waterfront, and I-5/I-205/SR-500.
The site offers ample parking and prominent frontage, supporting strong day-to-day customer access for retail or showroom operations.
Key Highlights
- 14,830 SF freestanding one‑story concrete commercial building built in 1958
- Mezzanine includes office and storage areas
- Ample parking and prominent frontage along the E Fourth Plain Blvd retail corridor in Vancouver, WA
Local Financial Insights For Retail
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 | $266.9k | $18.00 |
| − Vacancy | −$16.8k | −$1.13 |
| EGI | $250.1k | $16.87 |
| − OpEx | −$75.0k | −$5.06 |
| NOI | $175.1k | $11.81 |
14,830 SF · lease $18.00/SF/yr · vacancy 6.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.50M
$2.19M – $2.92M
NOI $175,086 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.63M
$3.17M – $4.23M
NOI $253,994 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nw Freedom Corp.
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - One-story concrete freestanding building with mezzanine office/storage, ample parking, and prominent frontage along a high-visibility retail corridor.
Where is this retail space located?
The property is located at 2825 E 4th Plain Blvd Vancouver, WA.
What is the asking price?
The asking price for this property is $2,670,000.
What are key features of this property?
This property features: 14,830 SF freestanding one‑story concrete commercial building built in 1958; Mezzanine includes office and storage areas; Ample parking and prominent frontage along the E Fourth Plain Blvd retail corridor in Vancouver, WA
