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2825 E 4TH PLAIN BLVD Vancouver WA 98661-4633

APN 029720-000

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 14,830
Lot SqFt 22,905
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code CC
Year Built 1958
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Storefront
Asking Details
Asking Price
$2,490,000
Price/Sq Ft
$167.9
Marketing Description

This 14,830 SF commercial building (Gross Building Area) is situated on E Fourth Plain Blvd, adjacent to Walmart Neighborhood Market and Starbucks.​ It's in a well-established commercial zone that benefits from its proximity to downtown and waterfront Vancouver, as well as quick access to I-5, SR-500 and I-205.​

Currently, the building is vacant; it was previously occupied by Aaron’s Furniture Store.​ This investment property presents an attractive opportunity for an owner-user to establish a retail business along with onsite office and storage, or for a savvy value-add investor to backfill the property with creditworthy tenant(s) and thus increase the property's value.​ Excellent traffic counts, favorable demographics, thriving surrounding businesses and dense residential area make this property is an ideal target for a variety of national, regional and local businesses.​

Zoning = Community Commercial (CC)

Gross Building Area (Approx) = 14,830 SF (First Floor Retail = 10,750 SF & Mezzanine = 4,080 SF)

Less Stairs = (210 SF)

Less Second Floor Storage = (990 SF)

Gross Leasable Area = 13,630 SF

Investment Highlights

  1. ​±14,830 SF freestanding retail building with mezzanine office/storage
  2. ​Prominent frontage on high-traffic E Fourth Plain Blvd retail corridor​
  3. ​Adjacent to Walmart Neighborhood Market and Starbucks
  4. ​Easy access thru I-5, I-205, and SR-500
  5. ​Zoned Community Commercial (CC) allowing a wide range of retail and service uses
  6. ​0.54-acre site with ample on-site parking and easy ingress/egress
  7. ​Former Aaron’s — delivered vacant for immediate owner-user occupancy
  8. ​Value-add lease-up opportunity with estimated market rents ~$19–23/SF NNN
  9. ​Surrounded by national and regional retailers in established commercial node
  10. ​Dense surrounding population and favorable demographics
  11. ​Offered at $168/SF — below recent comparable sales average (~$231/SF)
  12. ​Renovated 2009; roof refurbished partly 2016, and partly 2024.
Sale Date
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Resale Flag
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Sold By
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Sold To
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Property Type
Property Type
Retail
Property Subtype
Storefront
Marketing Description

This 14,830 SF commercial building (Gross Building Area) is situated on E Fourth Plain Blvd, adjacent to Walmart Neighborhood Market and Starbucks. It's in a well-established commercial zone that benefits from its proximity to downtown and waterfront Vancouver, as well as quick access to I-5, SR-500 and I-205. The structure is a one-story concrete retail building featuring a 2nd-floor office mezzanine; Gross Leasable Area of approximately 13,630 SF (excluding 2nd floor storage area and stairs). Currently, the building is vacant; it was previously occupied by Aaron’s Furniture Store. This investment property presents an attractive opportunity for an owner-user to establish a retail business along with onsite office and storage, or for a savvy value-add investor to backfill the property with creditworthy tenant(s) and thus increase the property's value. Considering the: 1) robust traffic counts, 2) favorable demographics, and 3) thriving surrounding businesses, including the adjacent Walmart Neighborhood Market and Starbucks next door, this property is an ideal target for a variety of national, regional and local tenants.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
HN
Harris Niazi PRO
LIC: 201215742 (+2)
•••.•••.9974
•••••.••rris@••.com
Brokerage logo
Sold on
 BY:
JS
Jaswinder Sidhu
LIC: OR 201226743 (+1)
•••.•••.2918
•.•idhu@••.com
Brokerage logo

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