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Property profile & analytics
OFF-MARKET Estimated value $1,785,000
Office Spaces

1887 Main St Washougal, WA 98671-4134

9,064 SF 0.23 ac lot Built 2012
Entity Owned 20-yr Hold Free & Clear
Property ID
US90-1786824
Property summary
AI-generated overview

This exceptional 1,710 square foot commercial space, located at 1887 Main Street in the charming downtown Washougal, Washington, presents a unique opportunity for businesses seeking a blend of office and retail functionality. Situated within a larger 8,499 square foot building, this Class B property offers a versatile layout ideal for a variety of uses. Built in 2012, the building is well-maintained and situated in a vibrant, walkable area. The available space is part of a multi-tenant building, providing a collaborative and dynamic environment. The property's location in Clark County, Washington, offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The zip code is 98671. This listing represents a rare chance to secure a prominent presence in the heart of Washougal's thriving business district. The property is categorized as Retail, Office, and Executive Office, offering flexibility for various business models. The total building size is 8,499 square feet, with 1,710 square feet currently available for lease. This presents a significant opportunity for a business seeking a well-located, versatile space in a desirable community. The property's location at the intersection of Main Street and the heart of downtown Washougal provides excellent visibility and accessibility. Don't miss this chance to establish your business in this thriving area.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2012
Construction WOOD
Total area 9,064 SF
Lot 0.23 ac (10,001 SF)
Zoning code TC-C : WAS
APN 073830-000
UPID US90-1786824
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Workshed Marketing & Advertising (Bike/Boat/Book/etc) Store
  • SubZero Constructors, Inc. Construction Company
  • Healthcare Staffing Group Employment Agency
  • OnPlan Consulting (Bike/Boat/Book/etc) Store Corporate Office
  • J Teriyaki Restaurant Buffet
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.87M
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$1.79M
Owner & transaction history
Lone Wolf Dev LLC · 20 yrs held
Lone Wolf Dev LLC
since 2006
3 recorded transactions
2006
$1.0M
2005
Price N/A
1969
Price N/A
Zoning & alternative use
TC-C : WAS · Washougal, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.8M +27.7%
Restaurant $2.7M +22.7%
Neighborhood: shopping center $2.5M +14.0%
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