1220 Main St Vancouver, WA 98660
- Office Properties & Spaces
- 56,518 SF
- 0.69 lot acres
Current Use by Public Records
- Harper Houf Peterson Righellis Inc. (HHPR) / Civil Engineering Company / Civil Engineer
- Digital Forensics / Computer Security Service
- DERAGGER Inc. / Engineering Consultant
- The Warshauer Agency, Inc / Insurance Agency / Dental Insurance Agency
- Joshua Sanchez Real Estate Agent / Real Estate Agent
Property Details for 1220 Main St
- Year built
- 1972
- Construction
- CONCRETE
- Lot size
- 0.69 lot acres
- Property size
- 56,518 SF
- Zone code
- CX : VAN
- Property type
- Office Properties & Spaces
- APN
- 051600-000
- APU
- 51600000
Description
1220 Main Street in Vancouver, Washington offers a prime opportunity for businesses seeking Class A office space. This five-story building, totaling 65,000 square feet, boasts a desirable downtown location surrounded by a vibrant mix of retailers and restaurants. Built in 1979 and renovated in 1991, the property features recently updated common areas, including modern elevators, restrooms, a new HVAC system, and energy-efficient lighting. The building offers ample parking with 60 spaces available for tenants. Individual suites are available, with a minimum divisible space of 750 square feet and a maximum contiguous space of 4,835 square feet. Currently, 5,585 square feet of vacant space is immediately available. The building's high ceilings, measuring 10 feet, provide a spacious and comfortable work environment. Its convenient location offers easy access to amenities and is just 15 minutes from downtown Portland, Oregon, making it an ideal location for businesses seeking a blend of urban convenience and accessibility. The property is classified as Class A and is situated in Clark County, Washington, with the address being 1220 Main Street, Vancouver, WA 98660. Multiple tenancy options are available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,620,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $13,270,000
- 6.5%
- $11,275,000
- 7%
- $12,620,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $11,015,000
- Geo Method
- $12,900,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $10,295,000
- Retail
- $11,840,000
- Mixed-Use
- $12,155,000
- Hospitality
- $14,130,000
- Educational
- $11,740,000
- Residential Income
- $10,435,000
- Energy
- $11,035,000
- Income-Based Land
- $10,580,000
- Food Service
- $11,540,000
Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.672
- Latitude
- 45.6307
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
