4720 Thurston Way, Vancouver, WA 98662-6413
- Turn key restaurants
- 3,500 SF
- 0.80 lot acres
Current Use by Public Records
- Shari's Cafe and Pies / Restaurant
Property Details for 4720 Thurston Way
- Year built
- 1992
- Construction
- WOOD
- Lot size
- 0.80 lot acres
- Zone code
- CG : VAN
- Property type
- Turn key restaurants
- APN
- 108083-010
- APU
- 108083010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 12, 2020 | — | Rbm Vancouver Village LLC | — | Deed · related | $15M · Miscellaneous Ins Co |
| Dec 20, 2019 | $22,245,000 | Rbm Vancouver Village LLC | Vancouver Vlg Prop INC | Grant Deed | — |
| Dec 29, 2005 | — | Sharis Management Corp | — | Deed Of Trust · related | $38.6M · Wells Fargo Foothill INC |
| Dec 24, 1996 | — | Vancouver Village Properties | — | Grant Deed · related | $4M · Bank Of America |
| Jun 6, 1996 | $7,505,000 | Village Properties I Vancouver | Eastern Western Corp | Grant Deed | — |
| — | — | Rbm Vancouver Village LLC | — | Deed Of Trust · related | $15M · Miscellaneous Ins Co |
Description
This exceptional restaurant property, located at 4720 NE Thurston Way in Vancouver, Washington, presents a unique investment opportunity. The building boasts a generous 3,800 square feet of space, perfectly suited for a thriving culinary establishment. Situated on a sizable parcel of approximately 35,000 square feet in Clark County, the property offers ample room for outdoor seating, expansion, or additional development. The building is zoned for General Commercial use, providing flexibility for various business ventures. The base rental rate is competitively priced at $32 per square foot per year, with estimated Net, Net, Net (NNN) expenses of $6.74 per square foot per year. This translates to a total annual cost that is highly attractive for potential tenants. The property's prime location in Vancouver, WA, zip code 98662, ensures high visibility and accessibility, attracting a large customer base. This is an excellent opportunity to acquire a well-positioned restaurant building in a vibrant and growing community. The property's size and zoning offer significant potential for future growth and development, making it an ideal investment for both seasoned restaurateurs and astute real estate investors. The property is a single-tenant building, offering a straightforward and manageable investment. This turnkey opportunity is ready for immediate occupancy.
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Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.589
- Latitude
- 45.6571
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
