For Sale
$4,995,000

1300 Esther St Vancouver, WA 98660

Class B, Multi-Tenant Medical Office

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity: a 20,675 square foot, two-story Class B medical office building in downtown Vancouver, WA. This multi-tenant property boasts 19,662 square feet of net rentable area, situated on a 0.25-acre lot (10,890 square feet) and includes 40 parking spaces (a 2 per 1,000 square foot ratio). The building, constructed in 1981, underwent significant renovations between 2023 and 2024, including exterior upgrades such as new siding, fresh paint, and roof sealing. The second floor was completely remodeled in 2019. The property features a 15% load factor and is zoned CX (City Center) District. Its prime location offers convenient access to major transportation arteries, including I-5, SR-14, and Portland International Airport (PDX), and is within minutes of various amenities. The asking price is $4,995,000. This well-maintained building, still owned by its original developers, presents a strong investment prospect in a thriving urban center. The average floor size is approximately 9,000 square feet, and the building includes an elevator for convenient access to both floors.

Highlights

  • $4,995,000 asking price for a 20,675 square foot medical office building.
  • Class B, multi-tenant office building with a NNN lease.
  • Located at 1300 Esther St, Vancouver, WA 98660.
  • 19,662 square feet of net rentable area, situated on a 0.25-acre lot.
  • Features 40 parking spaces (2 per 1,000 SF) and recently completed renovations (2023-2024).

Property Details for 1300 Esther St

Property type
Office properties, Medical offices
Square Feet
20,675 SF
Class
B

Location Insight

City
Vancouver
County
Clark
State
Washington
Latitude
45.6314204
Longitude
-122.6762716

FAQs

What type of property is this?
Office property - Class B, Multi-Tenant Medical Office
Where is the office property located?
The property is located at 1300 Esther St Vancouver, WA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: $4,995,000 asking price for a 20,675 square foot medical office building.; Class B, multi-tenant office building with a NNN lease.; Located at 1300 Esther St, Vancouver, WA 98660.
How can I contact the broker?
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1300 Esther St
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