309 12th St, Vancouver, WA 98660-2903
This exceptional investment opportunity presents two adjacent Class A office buildings in downtown Vancouver, WA, totaling 3,297 to 7,789 square feet. Both properties are vacant and available for sale individually or as a combined portfolio for $1,800,000. Each building boasts a three-story wood-frame construction, characteristic of the turn-of-the-century architecture. Recent upgrades include new commercial-grade carpeting (2019), exterior painting with Sherwin-Williams paint (2019), and composition asphalt shingle roofs installed in 2011. HVAC systems are in place. The 309 W 12th St property shares parking via easement with the 1112 Columbia St property, while 1112 Columbia St offers seven on-site parking stalls with timer-controlled lighting, and the parking lot was sealed and stripped in 2019. The properties are ideally located just blocks from Esther Short Park, the Post Office, Courthouse, and various restaurants, and less than a mile from the new Waterfront area and Interstate 5, offering unparalleled convenience and accessibility. This presents a rare chance to acquire a prime commercial real estate portfolio in a thriving downtown location. The properties are currently vacant, providing immediate occupancy potential for a wide range of businesses.
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Hoda Tabatabaei-Moghaddam Marriage Or Relationship Counselor Counselor
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Cher Bunkley-Rea Community Health Centre
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Julia Swanson Counselor
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Furze John A Counselor
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Ann M. Patten, PharmD Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CX : VAN · Vancouver, WAVancouver. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.