Automotive Repair and Retail
For Sale
$1,500,000
8908 NE St Johns Rd, Vancouver, WA 98665
Automotive repair shop with storefront retail, detached storage, and a leased two-bedroom house on a high-frontage site.
Property Size5,300 SF
Price / SF$283.02
Days on Market96
Property Features for 8908 NE St Johns Rd
General Information
Standard status
Active
Size
5,300 SF
Building Details
Year Built
1946
Listing Agency:
Weichert Realtors, Equity NW
Listed By:
Rod Sager
(360) 737-4600
Source:
Wyndeekono
Added: Jul 20
Changed: Oct 3
Last Checked: Oct 7 at 3:23PM
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 Weichert Realtors, Equity NW
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Investment Insights
Based on property information with market context.
This multi-building automotive repair and commercial compound includes Bergman’s Automotive operating on-site for more than 20 years, along with business equipment such as lifts, machinery, and some tools. The auto repair building is approximately 2,420 SF with five bays, two of which front St Johns Road. Also on site is an approximately 1,344 SF retail building with two storefronts facing St Johns Road; one storefront is leased on a one-year lease, and the other is used as the owner’s personal storage space. Additional improvements include a detached storage building of approximately 720 SF and an approximately 816 SF two-bedroom, one-bath house with a renovation currently wrapping up. The house is leased month to month, and the retail building has A/C. The two-bedroom home has a brand new heat pump.
The property sits on approximately 1.33 acres with about 378 feet of frontage on St Johns Road. Large signage is included and is fully permitted (grandfathered in). The addresses included are 8908, 8910, 8912, 8914, and 8916 St Johns Road.
The site is described as having room for additional buildings, and corridor activity includes nearby development already underway, including a new Dutch Bros and a convenience store/gas operation two doors south.
The property sits on approximately 1.33 acres with about 378 feet of frontage on St Johns Road. Large signage is included and is fully permitted (grandfathered in). The addresses included are 8908, 8910, 8912, 8914, and 8916 St Johns Road.
The site is described as having room for additional buildings, and corridor activity includes nearby development already underway, including a new Dutch Bros and a convenience store/gas operation two doors south.
Key Highlights
- 1.33‑acre commercial site with Bergman’s Automotive (operating 20+ years) and business equipment, including lifts and machinery
- Four buildings total: 2,420 SF auto repair shop with 5 bays (2 bays fronting St Johns Road)
- 1,344 SF retail building with 2 St Johns Road storefronts; one is on a 1‑year lease and the other is owner personal storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,573
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,460
$1.3M
Cap Rate 7%
$893,900
$893.9K
Cap Rate 9%
$695,256
$695.3K
Market Conditions
NOI Build-Up for 5,300 SF
Gross rent
$95.4K $18.00/SF
− Vacancy
−$6.0K −$1.13/SF
EGI
$89.4K $16.87/SF
− OpEx
−$26.8K −$5.06/SF
NOI
$62.6K $11.81/SF
Area
Vancouver, WA
Vacancy
6.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,460
Cap Rate 7%
$893,900
Cap Rate 9%
$695,256
Alternative Uses
Best Use
Retail
$893.9K
$782.2K – $1.04M
NOI $62,573 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$684.1K
$598.6K – $798.2K
NOI $47,889 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,773 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98665, WA
28,780
Population
11,894
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,889
Density / Sq Mi
$83,750
Median Household Income
$46,000
Median Earnings
$1,678
Median Rent
$447,700
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Wapiti NW Fleet Specialists — 7319 NE 37th Ave, Vancouver, WA 98665
- Wrench Monkeys — 7319 NE 37th Ave, Vancouver, WA 98665
- Brown's Quality Automotive Services — 7613 NE St Johns Rd H, Vancouver, WA 98665
- Quality Auto Repair & Paint — 7507 NE 47th Ave, Vancouver, WA 98661
- NW Powerstroke Repair and Performance — 7316 NE 47th Ave, Vancouver, WA 98661
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive repair shop with storefront retail, detached storage, and a leased two-bedroom house on a high-frontage site.
Where is this auto shop located?
The property is located at 8908 NE St Johns Rd Vancouver, WA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1.33‑acre commercial site with Bergman’s Automotive (operating 20+ years) and business equipment, including lifts and machinery; Four buildings total: 2,420 SF auto repair shop with 5 bays (2 bays fronting St Johns Road); 1,344 SF retail building with 2 St Johns Road storefronts; one is on a 1‑year lease and the other is owner personal storage
