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$989,000

For Sale

10 days ago

3506 Main St, Vancouver, WA

House

MLS® 449847689

0 Bed

0 Bath

--

15 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes $3,482
Days Active 11
Lot Size 0.28 Acres
Approx. Age 1939
MLS® Number 449847689

Property Address: 3506 Main St, Vancouver, WA, 98663-8900

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of downtown Vancouver, Washington, this property offers a rare combination of stable in-place income and significant redevelopment upside. Currently operating as a fully leased 3, 514 SF office building, the site is already permitted (2023/2024) for a 9-unit apartment project with 3, 548 SF of ground-floor commercial space. The heavy lifting of entitlement has been done. Recent building code updates have removed unit count limitations on the site, opening the door for a buyer to expand well beyond the original scope. Using the existing approved plans as a foundation, a new owner could feasibly add 13 or more units, dramatically increasing density and long-term value without starting the entitlement process from scratch.This is a unique window for developers and investors: acquire a cash-flowing asset in a walkable, high-demand downtown core, hold or lease through the interim period, and capitalize on a codified upside that didn't exist when the original plans were drawn. Few opportunities offer this level of built-in optionality — permitted, de-risked, and primed for a density play most sites can't touch. Whether you're looking to execute the current 9-unit + commercial plan or maximize returns with an expanded unit count, this downtown Vancouver property is ready for its next chapter.
MLS® Number449847689
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1939
Basement
DrivewayOn Site, On Street
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 18, 2026List Date
$989,000List Price
  • Commute

Commute

Starting Address
Destination Address
3506 Main St, Vancouver, WA

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