Properties Available

Mixed Use Investment Owner/User Opportunity with Multi-Family Income

5,740 Sqft - 5409 NE St Johns Rd, Vancouver, WA. 98661

Property Description

Opportunity to acquire a unique owner user / investment with passive income from the fully occupied, seven residential apartment units. The 5,740 square foot building features a 1,580 square foot commercial space, suitable and permitted for a variety of uses in the Community Commercial zoning.  The space is currently built out for a dental office, comprised of 5 exam rooms, an x-ray area, front desk/reception area, backroom/storage area, restroom and on site parking. Estimated market rent is approximately $2,500 a month plus NNN. The Minnehaha Apartments vary in size from 420 SF to 840 SF,  comprised of studio, one and two bedroom, one bath units. All units have stove/range, refrigerator, some additionally have fireplaces and dishwashers. Current lease rates range from $650-$900 per month.

Basic Details
Property Type : Office
Listing Type : For Sale
Price : $1,450,000
Bldg Size : 5,740 Sqft
Lot Area : 0.28 Acre
Office For Sale
  • Bldg Size : 5,740 Sqft
  • Visits : 122 in 39 days
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