916 Main StVancouver, WA 98660
- Office properties
- 28,655 SF
Property Details for 916 Main St
- Year built
- 1905
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 28,655 SF
- Zone code
- CX : VAN
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 051620-000
- APU
- 51620000
Description
This exceptional 3,697 square foot creative office space is situated in the vibrant heart of downtown Vancouver, at the intersection of Evergreen Blvd and Main Street. Located within a three-story Class B building totaling 25,167 square feet, this suite offers a fantastic opportunity for a business seeking a move-in ready solution. The space boasts 11-foot ceilings and is currently configured with a blend of private offices, a welcoming reception area, an open workspace, and a convenient lunchroom. This is a sublease opportunity, with the current term expiring December 31, 2026. The lease rate is $22.00 per square foot, modified gross (excluding janitorial services and utilities). On-site parking is available at an additional cost of $50.00 per space, with approximately 5-7 spaces available. The building features multiple tenants and a typical floor size of 8,389 square feet. This "plug and play" office space is ideal for a company seeking immediate occupancy in a highly desirable downtown location. Don't miss this chance to secure a prominent presence in Vancouver's bustling city center.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,870,382
- 6.5%
- $7,264,968
- 7%
- $6,746,042
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,518,380
- Geo Method
- $5,518,380
-
Alternative Use
- Use
- Valuation
- Residential
- $9,008,561
- Hospitality
- $8,251,793
- Educational
- $6,865,395
- Medical
- $7,101,506
- Retail
- $10,679,503
Location Insight
- City
- Vancouver
- County
- Clark
- State
- Washington
- Latitude
- 45.6285
- Longitude
- -122.672
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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