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Mixed-Use Property with Redevelopment Approvals
For Sale
$899,900

3506 Main ST, Vancouver, WA 98663

Fully leased office property with permitted plans for apartments and ground-floor commercial space.

Property Size3,514 SF
Price / SF$1,199
Days on Market90

Property Features for 3506 Main ST

General Information

Standard status Active
Size 3,514 SF
Property subtype Multi-Family
Occupancy 100%

Building Details

Year Built 1939
Buildings 1
Building Size 3,514 SF
Listing Agency: Lancefield Realty
Listed By: Brittany Gibbs · License #201209867
Source: Findhousesinoregon
Added: Jul 19 Changed: Oct 15 Last Checked: Oct 14 at 10:49PM

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 Lancefield Realty

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Investment Insights

Based on property information with market context.

Built in 1939, the property is a 3,514-square-foot office building that is currently fully leased. Its existing configuration provides ongoing occupancy while approved redevelopment plans establish a separate future path for the site.

Permits issued in 2023/2024 allow for a 9-unit apartment project with 3,548 square feet of commercial space at ground level. The property is located in downtown Vancouver, Washington, at 3506 Main ST, providing an urban setting for the existing office use and the permitted mixed-use concept.

The approved plan combines residential units with commercial space, giving the asset both an operating office configuration and a documented redevelopment framework.

Key Highlights

  • 3,514‑square‑foot office building currently fully leased
  • Permitted 2023/2024 for a 9‑unit apartment project
  • Approved plan includes 3,548 SF of ground‑floor commercial space

Property Analytics

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Current Use

Lindgren Kelvin A MD Physician

Suggested Use

Top Pick Restaurant Auto Parts Store Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Hotel & Motel

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

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

814
Businesses Nearby

Demographics for 98663, WA

15,188
Population
6,753
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,704
Density / Sq Mi
$84,590
Median Household Income
$47,747
Median Earnings
$1,538
Median Rent
$430,900
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?
Mixed-use property - Fully leased office property with permitted plans for apartments and ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 3506 Main ST Vancouver, WA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 3,514‑square‑foot office building currently fully leased; Permitted 2023/2024 for a 9‑unit apartment project; Approved plan includes 3,548 SF of ground‑floor commercial space
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