1111 Broadway St - Loft/Creative Space FOR SALE


Vancouver, WA 98660- Downtown Vancouver
$2,550,000 USD
503-307-1204
1111 Broadway St, Vancouver, WA for Sale
$2,550,000 USD
Loft/Creative Space - FOR SALE
1/7
null | Request Cap Rate

1111 Broadway St
Vancouver, WA 98660
Downtown Vancouver


HIGHLIGHTS

  • First Floor: 3,129 SF (office build out)
  • Second Floor: 3,200 SF (unfinished)
  • Basement: 3,200 SF (shell condition)
  • Separate dedicated 2nd floor entrance on Broadway St.
  • signage opportunity, in central downtown Vancouver, close to transit and services.
  • On-site parking at market rate.

OVERVIEW

OWNER FINANCING AVAILABLE. Sitting on 6,096 SF of land, the building at 1111 Broadway is a two story office building including Opportunity Zone. First floor built out with open reception area, private offices, kitchenette, and conference room; second floor has been demo’d. Full basement has lots of natural light. Parking on site for up to 8 vehicles. Downtown Vancouver office properties have a 95% occupancy rate. This highly desirable community is the fastest growing city in the state and contributes $12.6 billion of consumer spending within a 10 mile radius. The redevelopment of the Vancouver Waterfront has brought online millions of sf of premier dining, office and residential options. Favorable tax incentives exist as Washington State does not have a corporate or personal income tax, not does it tax dividends, interest or capital gains. Being location within the Opportunity Zone can provide platform/resources for business expansion, small business development and entrepreneurial endeavors. Favorable highway access to I-5/ Hwy 14 provides a 15 minute drive to Portland International Airport, and an 8.3 mile drive to the Pearl District.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Thomas J. Foley Law Firm

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CC

APN/PARCEL ID

039385-000

ASK ABOUT THIS PROPERTY

Caryl BrownKidder MathewsMore Info
503-307-1204

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Caryl BrownKidder MathewsMore Info
503-307-1204

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.