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    8614 St Johns Rd Vancouver, WA 98665

    For Sale
    $1,950,000

    High-income potential, flexible zoning.

    Property size:
    3,809 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    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.

    Property Features for 8614 St Johns Rd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    3,809 SF
    Class
    C
    Lot Size
    98,446 SF

    Building Details

    Year Built/Renovated
    1945/2023
    Buildings
    3
    Stories
    1

    HighLights

    • Highly profitable income property with significant future development potential, offering flexible zoning options.
    • Prime location in a rapidly growing area, enhanced by adjacent land recently sold for development.
    • 2.26‑acre lot features 179 feet of St. Johns frontage, dual property entrances, and excellent highway access (Hwy 99, I‑5, Padden Parkway, Hwy 205), near major retailers (Costco, Home Depot).
    • Improved property includes a 2,245 sq ft tavern building, a 988 sq ft house, and a 576 sq ft detached garage (buyer to verify sq ft). New roofs installed this year on the tavern and house; house features recent interior remodel and a basement currently under renovation.
    • Month‑to‑month tenants (tavern, house, RV spot) provide immediate income stream (details available with signed confidentiality agreement). Tavern business and equipment not included. Showings by appointment only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cliff's Tavern Bar

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.6259176
    Latitude
    45.6847451

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    FAQs

    What type of property is this?
    Manufacturing property - High-income potential, flexible zoning.
    Where is this manufacturing property located?
    The property is located at 8614 St Johns Rd Vancouver, WA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Highly profitable income property with significant future development potential, offering flexible zoning options.; Prime location in a rapidly growing area, enhanced by adjacent land recently sold for development.; 2.26-acre lot features 179 feet of St. Johns frontage, dual property entrances, and excellent highway access (Hwy 99, I-5, Padden Parkway, Hwy 205), near major retailers (Costco, Home Depot).
    Request Owner's contact information
    8614 St Johns Rd Vancouver, WA 98665
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    Vancouver, WA 98665
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8614 St Johns Rd Vancouver, WA 98665
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