Craftsman Office
For Sale
Contact for pricing
401 E McLoughlin Boulevard, Vancouver, WA 98663
Well-maintained Craftsman office building offered for sale in downtown Vancouver.
Property Size2,358 SF
Price / SF$287.96
Days on Market10
Property Features for 401 E McLoughlin Boulevard
General Information
Standard status
Active
Size
2,358 SF
Property subtype
Office
Building Details
Year Built
1915
Construction
Craftsman
Listing Agency:
Fuller Group
Listed By:
Suzanne Hoots · License #25013928
Source:
Crexi
Added: Jul 22
Changed: Jul 28
Last Checked: Jul 30 at 3:48PM
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
Investment Insights
Based on property information with market context.
This for-sale Craftsman office building is described as beautifully maintained and designed to combine classic architectural character with functional office space.
Located in downtown Vancouver, the building’s setting supports a professional work environment near the city’s core.
The property is offered as an office building with a total size of 2,358 square feet.
Located in downtown Vancouver, the building’s setting supports a professional work environment near the city’s core.
The property is offered as an office building with a total size of 2,358 square feet.
Key Highlights
- Craftsman office building in downtown Vancouver
- Well‑maintained building offered for sale
- Built in 1915
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 | $43.6k | $18.48 |
| − Vacancy | −$3.1k | −$1.31 |
| EGI | $40.5k | $17.17 |
| − OpEx | −$10.1k | −$4.29 |
| NOI | $30.4k | $12.88 |
2,358 SF · lease $18.48/SF/yr · vacancy 7.08% · expense 25.00%
Alternative Uses
Best Use
Office B
$433.8K
$379.6K – $506.1K
NOI $30,368 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$576.9K
$504.8K – $673.1K
NOI $40,385 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,493
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained Craftsman office building offered for sale in downtown Vancouver.
Where is this office building located?
The property is located at 401 E McLoughlin Boulevard Vancouver, WA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Craftsman office building in downtown Vancouver; Well‑maintained building offered for sale; Built in 1915
