1111 Broadway St Vancouver, WA 98660
- Office Properties & Spaces
- 9,600 SF
- 0.07 lot acres
Current Use by Public Records
- Thomas J Foley / Attorney / Family Law Attorney
Property Details for 1111 Broadway St
- Year built
- 1950
- Construction
- CONCRETE
- Lot size
- 0.07 lot acres
- Property size
- 9,600 SF
- Zone code
- CX : VAN
- Property type
- Office Properties & Spaces
- APN
- 039385-000
- APU
- 39385000
Description
This exceptional two-story commercial building, located at 1111 Broadway St in Vancouver, WA, presents a unique investment opportunity. Boasting 9,520 square feet of net rentable space, the property sits on a 6,096 square foot lot and is zoned CX - City Center. The building, constructed in 1950 and renovated in 2016, features a finished first floor (approximately 3,120-3,200 sq ft) with an open reception area, private offices, kitchenette, and conference room. The second floor (approximately 3,200 sq ft) and basement (approximately 3,200 sq ft) are currently unfinished, offering significant potential for redevelopment. On-site parking accommodates up to eight vehicles. The property is currently vacant, providing immediate occupancy for a new owner. Its location in downtown Vancouver's Opportunity Zone offers attractive tax incentives. The building benefits from excellent highway access to I-5 and Highway 14, providing convenient access to Portland International Airport and the Pearl District. This thriving area boasts a 95% occupancy rate for downtown office properties and significant consumer spending within a 10-mile radius. The property includes a separate second-floor entrance on Broadway Street and exterior signage opportunities. The asking price is $2,750,000. This is a NNN lease type property.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $270,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $347,000
Market price range: $264k - $1.23M
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Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.67
- Latitude
- 45.6301
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA