Welcome to an exceptional investment opportunity! Presenting a meticulously maintained 9,407 square foot commercial building, strategically located on the bustling Highway 99 in Vancouver. With a generous lot size of 58,280 square feet, this property not only offers a thriving current income but also promises immense potential for future growth and development. High Visibility Positioned on Highway 99, this property benefits from high traffic volume, ensuring maximum exposure for any business operating here. The 720 square foot drive-through adds convenience and versatility, attracting businesses that thrive on customer accessibility and ease of service. Generating an impressive Net Operating Income (NOI) of $153,824 in 2024, this property presents a lucrative investment opportunity with steady returns. With ample space available, there's the exciting possibility of adding an additional 5,500 square foot building with its own drive-through. This expansion opens doors for future tenants, further diversifying income streams and increasing property value. The vast lot size allows for various development possibilities, from additional buildings to outdoor amenities, catering to a wide range of businesses and services. Whether you're a seasoned investor seeking a reliable income stream or an entrepreneur envisioning a thriving business in a high-traffic location, this commercial property offers the perfect canvas for success. Its strategic positioning, stable income, and potential for growth make it a valuable asset in Vancouver's dynamic real estate landscape. Don't miss out on this rare chance to secure your foothold in one of Vancouver's most sought-after commercial corridors. Contact us today to schedule a viewing and unlock the boundless potential of this prime investment opportunity!This is an Auction Sale. List price reflects the minimum bid. The link for the auction: https://www.loopnet.com/Listing/8015-NE-Highway-99-Vancouver-WA/31655246/
Lot & Building Features
ConstructionBrick
CoolingCentral Air
HeatingForced Air
Parking DescriptionOn Site
SewerPublic Sewer
WaterPublic Water
Price History of 8015 HIGHWAY 99, Vancouver, WA
Date
Name
Price
Difference
08/29/2024
Price Adjustment
$2,450,000
9.26%
05/23/2024
Listing Price
$2,700,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
8015 HIGHWAY 99 (MLS #24076284) is a commercial listing located in Vancouver, WA.
This commercial listing is 9,429 sqft and on a lot of 60,112 sqft (or 1.38 acres) and is 54 years old. This property was listed on 06/28/2024 and has been priced for sale at $2,450,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Keller Williams Realty