8614 St Johns RdVancouver, WA 98665

Property Details for 8614 St Johns Rd

Year built

1924

Construction

WOOD

Lot size

2.26 AC

Property size (Sq ft)

3,842 SF

Zone code

IL : CLK

Property type

Retail properties

Property subtype

Turn key restaurants

APN

097440-000

APU

97440000

Description

This Vancouver, WA industrial property boasts 2.26 acres with 3,809 square feet of building space, including a 2,245 sq ft tavern building, a 988 sq ft house, and a 576 sq ft detached garage. The property features 179 feet of frontage on St. Johns Road, two entrances, and excellent highway access near Hwy 99, I-5, Padden Parkway, and Hwy 205. Its strategic location benefits from high traffic counts and proximity to major retailers like Costco and Home Depot. The property is zoned for diverse uses, with detailed zoning information available. Adjacent lots have recently been sold for development, promising future value appreciation. The tavern building and house received new roofs this year, and the house underwent interior remodeling. The basement is currently under renovation. The property generates significant income from multiple sources, details of which are available upon request with a signed confidentiality agreement. Note that the tavern business and equipment are not included in the sale. All tenants are month-to-month. Showings are by appointment only. Please do not disturb tenants. A car lot shares an entrance on the south side

• CAP approach

  CAP return

  Valuation

  6%

  $1,551,208

  6.5%

  $1,431,884

  7%

  $1,329,607

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,864,529

  Geo Method

  $1,864,529

• Alternative Use

  Use

  Valuation

  Residential

  $1,207,848

  Hospitality

  $1,106,382

  Educational

  $920,497

  Medical

  $952,154

  Retail

  $1,431,884

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.6846

Longitude

-122.627

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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