109 65th Ave, Unit 37, Ridgefield, WA 98642-3407
- Retail space
- 20,491 SF
- 2.11 lot acres
Current Use by Public Records
- Rare Earth Decor / (Bike/Boat/Book/etc) Store
- Smiles Dental Ridgefield / Dental Office
- Fuel Bistro & Wine / Restaurant
- Papa Pete's Pizza / Restaurant
- Teriyaki Thai Etc / Restaurant
Property Details for 109 65th Ave
- Year built
- 2001
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 2.11 lot acres
- Zone code
- CRB : RGF
- Property type
- Retail space
- APN
- 213986-000
- APU
- 213986000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 15, 2011 | — | Tri-mountain LLC | State Of Washington | Quit Claim Deed · related | — |
| Feb 13, 2003 | $288,373 | Ridgefield City (wa) | Tri-mountain LLC | Quit Claim Deed · related | — |
| Sep 8, 2000 | — | Tri-mountain LLC | Pietz,edward H & Gloria | Quit Claim Deed · related | — |
| May 9, 1996 | $213,990 | Edward H Pietz | Ayrex Corp | Grant Deed | — |
| — | — | Tri-mountain LLC | — | Deed Of Trust · related | $2.2M · Miscellaneous Ins Co |
| — | — | Tri-mountain LLC | — | Deed Of Trust · related | $100k · Columbia Community FCU |
| — | — | Tri-mountain LLC | — | Deed Of Trust · related | $2.6M · Bank Of America |
Description
Tri-Mountain Station, located at 109 S 65th Ave in Ridgefield, Washington, presents a unique opportunity for businesses seeking retail space in Clark County. This expansive commercial property boasts a total of 156,645 square feet across twelve individual suites, all currently vacant and ready for immediate occupancy. The flexible space allows for a variety of uses, with minimum divisible units of 2,000 square feet and a maximum contiguous space of 39,765 square feet, catering to both smaller businesses and larger anchor tenants. The property sits on a substantial 15.69-acre lot, offering ample parking and potential for future expansion or development. Its location in Ridgefield, WA, zip code 98642, provides excellent visibility and accessibility for customers. The property's size and layout make it ideal for a diverse range of retail concepts, from individual shops to larger anchor stores, potentially including pad sites. This is a rare opportunity to secure a significant retail presence in a growing community. The property is ready for immediate occupancy, offering a blank canvas for businesses to establish themselves in a prime location. Contact us today to learn more about this exceptional retail opportunity.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,120,000
- 6.5%
- $3,800,000
- 7%
- $3,530,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,085,000
- AI Estimate
- $5,015,000
Market price range: $3.10M - $9.57MMarket price range: $982k - $8.51M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $6,365,000 Current use
- RESTAURANT
- $6,115,000 Change: -4% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $5,685,000 Change: -11% Conversion: Moderate
- MEDICAL BUILDING
- $5,495,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ridgefield
- County
- Clark
- State
- Washington
- Longitude
- -122.684
- Latitude
- 45.8155
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
