2507 Andresen RdVancouver, WA 98661

Property Details for 2507 Andresen Rd

Year built

1998

Construction

STEEL FRAME

Lot size

1.33 AC

Property size (Sq ft)

15,368 SF

Zone code

CG : VAN

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

163185-000

APU

163185000

Description

This exceptional retail property, located at 2507 NE Andresen Rd in Vancouver, Clark County, WA, presents a unique leasing opportunity. The building, constructed in 1998, offers a total of 15,368 square feet, with 5,400 square feet currently available for lease. The property sits on a sizable 59,761 square foot lot and features ample parking with a ratio of 4 spaces per 1000 square feet. The building benefits from a high traffic count of 20,434 vehicles. The space includes a 1,600 square foot showroom featuring a glass storefront along Andresen Road, providing excellent visibility and exposure for potential tenants. The building also offers a double-door loading area for convenient access and a storage area with 12' to 16' clear height. The property is zoned CG and is equipped with standard 110 power. This is an ideal location for businesses seeking high visibility and convenient access in a thriving commercial area. Long-term ownership of the building is available. This is a rare opportunity to secure a prominent retail space in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,234,009

  6.5%

  $4,831,393

  7%

  $4,486,294

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,587,332

  Geo Method

  $4,587,332

• Alternative Use

  Use

  Valuation

  Residential

  $4,831,393

  Hospitality

  $4,425,530

  Educational

  $3,681,989

  Medical

  $3,808,618

  Retail

  $5,727,538

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.6404

Longitude

-122.6

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].