8614 St Johns RdVancouver, WA 98665

This Vancouver, WA property, located at 8614 NE St Johns Rd, 98665, presents a unique investment opportunity. The 2.26-acre lot features three buildings totaling 3,809 square feet of net rentable space, currently housing four tenants with month-to-month or yearly lease options. The property boasts a strong NOI of $7,000, with a current asking price of $1,950,000. Building components include a tavern (approx. 2245 sq ft), a house (approx. 988 sq ft), and a detached garage (approx. 576 sq ft) – dimensions are based on county records and require buyer due diligence. Significant improvements were made in 2023, including new roofs on the tavern and house, and an interior remodel of the house with the basement currently under renovation. The property features 25 parking spaces, 179 feet of St. Johns frontage, and two entrances. Its Light Industrial zoning allows for diverse development possibilities. The property's prime location near major highways (Hwy 99, I-5, Padden Parkway, and Hwy 205), and proximity to Costco and Home Depot, ensures high traffic counts. Note that the tavern business and equipment are not included in the sale, and all current income details are available upon request with a signed confidentiality agreement. Showings are by appointment only. Please do not disturb tenants. A car lot currently sharing access to the property will need to be removed upon sale.