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2811 E Evergreen Blvd

Vancouver, WA 98661
  • $5,500,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 24322391
UPDATED: 33 min ago
$5,500,000
  • 0
    BEDS
  • 1.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,000
    SQFT
  • $367
    $/SQFT
Type:
Commercial
Built:
1974
County:

School Ratings & Info

Description

Nestled in the heart of Vancouver, Washington, this redevelopment opportunity is within perfect proximity to Downtown Vancouver and the historic Officers Row. It is an ideal investment spot. With a 12,000 sqft office building currently in place, the project offers flexibility. You can either retain the existing structure or make a fresh start with this blank canvas for your vision. Embrace the future of urban living with a mixed-use concept. The site is already approved for 60 thoughtfully designed apartment units with 5,250 sqft of commercial space, ensuring a vibrant community hub. Designs currently include a state-of-the-art gym and inviting gathering spaces, such as a sprawling rooftop terrace, perfect for residents to unwind and socialize against the backdrop of the Columbia River. Select units also offer captivating views of the Columbia River, adding an extra layer of luxury to the living experience. OR capitalize on recent zoning changes to maximize returns and increase the unit count to 100-120 units instead. The sky's the limit for this redevelopment endeavor. This project is also within an Opportunity Zone, offering potential tax incentives and long-term growth prospects. By revitalizing this property, you're not just creating living spaces but also contributing to the revitalization of the surrounding community, fostering economic growth and vitality. Don't miss out on the chance to be part of Vancouver's dynamic transformation. Embrace innovation, reimagine urban living, and unlock the full potential of this prime redevelopment project.

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Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-09-07T12:57:47.613.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
www.homevaluewashington.com/homes/150774945
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2811 E Evergreen Blvd Vancouver, WA 98661

  • Price: $5,500,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 33 min ago
  • MLS #: 24322391
0
Beds
0
Baths
0
½ Baths
1.33
Acres
15,000
SQFT
$367
$/SQFT
1974
Built
Neighborhood:
013-Vancouver:The Heights(Sw)
County:
Clark
Area:
013-Vancouver:The Heights(Sw)
Property Description
Nestled in the heart of Vancouver, Washington, this redevelopment opportunity is within perfect proximity to Downtown Vancouver and the historic Officers Row. It is an ideal investment spot. With a 12,000 sqft office building currently in place, the project offers flexibility. You can either retain the existing structure or make a fresh start with this blank canvas for your vision. Embrace the future of urban living with a mixed-use concept. The site is already approved for 60 thoughtfully designed apartment units with 5,250 sqft of commercial space, ensuring a vibrant community hub. Designs currently include a state-of-the-art gym and inviting gathering spaces, such as a sprawling rooftop terrace, perfect for residents to unwind and socialize against the backdrop of the Columbia River. Select units also offer captivating views of the Columbia River, adding an extra layer of luxury to the living experience. OR capitalize on recent zoning changes to maximize returns and increase the unit count to 100-120 units instead. The sky's the limit for this redevelopment endeavor. This project is also within an Opportunity Zone, offering potential tax incentives and long-term growth prospects. By revitalizing this property, you're not just creating living spaces but also contributing to the revitalization of the surrounding community, fostering economic growth and vitality. Don't miss out on the chance to be part of Vancouver's dynamic transformation. Embrace innovation, reimagine urban living, and unlock the full potential of this prime redevelopment project.
Exterior Features

Attached Garage YN No View YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Bank Owned YN No Current Use Office Fuel Description Electricity Gas Green Certification YN No Gross Income 0 IDXAddress Display YN Yes Listing Terms Cash Conventional Operating Expense 0 Property Attached YN No Property Sub Type Office Sewer Public Sewer Short Sale YN No Tax Annual Amount 18918.58 Tax Year 2023 Water Source Public Water Zoning CC

Listing provided courtesy of Keller Williams Realty: .


Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-09-07T12:57:47.613.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
 
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Gustavo Group | eXp Realty
1220 Main Street, Suite 400
Vancouver WA, 98660