Property profile

8614 NE St Johns Rd Vancouver, WA 98665

FOR SALE
Turn key restaurants
Property ID
US90-1545927
3,842 SF 2.26 ac lot Built 1924
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This Vancouver, WA industrial property boasts 2.26 acres with 3,809 square feet of building space, including a 2,245 sq ft tavern building, a 988 sq ft house, and a 576 sq ft detached garage. The property features 179 feet of frontage on St. Johns Road, two entrances, and excellent highway access near Hwy 99, I-5, Padden Parkway, and Hwy 205. Its strategic location benefits from high traffic counts and proximity to major retailers like Costco and Home Depot. The property is zoned for diverse uses, with detailed zoning information available. Adjacent lots have recently been sold for development, promising future value appreciation. The tavern building and house received new roofs this year, and the house underwent interior remodeling. The basement is currently under renovation. The property generates significant income from multiple sources, details of which are available upon request with a signed confidentiality agreement. Note that the tavern business and equipment are not included in the sale. All tenants are month-to-month. Showings are by appointment only. Please do not disturb tenants. A car lot shares an entrance on the south side

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1924
Construction WOOD
Total area 3,842 SF
Lot 2.26 ac (98,446 SF)
Zoning code IL : CLK
APN 097440-000
UPID US90-1545927

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

8614 NE St Johns Rd Vancouver, WA 98665
Vancouver metro Census 40810 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2020
1 recorded transaction
2020
$720,000

Zoning & alternative use

IL : CLK · Vancouver, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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