1504 Auction Catalog - page 86

84
FOR SUPPLEMENTAL INFORMATION CALL 1-800-845-3524
140
Commercial Building by I-5/205 Interchange, near Legacy Salmon Creek
Hospital, Vancouver, Washington
PUBLISHED RESERVE:
$775,000
LAST ASKING:
First Time Offered
SIZE:
8,952± Square Foot Building on .62± Acre Site
ZONING:
General Commercial
PROPERTY INSPECTION:
Call Auction Information
Office to Arrange
FINANCING:
None – All Cash
DESCRIPTION:
This 8,952± square foot commercial
building is located at the signalized intersection of NE
139th Street and NE 20th Avenue in the Salmon Creek
neighborhood of Clark County. The new six-story,
460,000± square foot Legacy Salmon Creek Hospital is
situated east of the property, along 139th Street, and
employs over 600 people. In addition to health-care
based services within the neighborhood, there are many
commercial and retail uses which include a Fred Meyer
One Stop Shopping Center, SalmonCreek Business Park,
and new multi-family and single family residences.
Recent growth in the neighborhood is as a result of a release of a
construction moratorium originally imposed due to heavy traffic and
congestion near the Interstate 5 and I-205 interchange. The moratorium
was lifted after $140 million of improvements was funded to improve
traffic flow, and new construction within the neighborhood resumed in
2011.
The property, formerly operated as a Miller Paint Store, was acquired
by Clark County as part of the Interstate 5/NE 139th Street Interchange
projectwhichwas completed in theFall of 2014. Traffic flowimprovedsignificantly, providingdirect access
to Legacy Salmon Creek Hospital along NE 139th Street, to the east of I-5. These traffic improvements
impacted the property due to the need to acquire some of the land that had been used for parking. There
may be opportunity to add additional parking spaces along the back of the building by the loading dock.
There is an easement with the state of Washington, immediately west of the site, for maintenance of a
storm water facility. Please see Supplemental Information Package.
The 8,952± square foot building was built in 2000 using concrete block construction and steel columns.
There is store front glass in the northeast corner, and some exterior glass on the east side. The interior
has been gutted and is primarily in shell condition. The building will require a complete restoration of
the electrical system. The building has 4,164± square feet of space in the northern portion that had been
used for retail operations, and 4,788± square feet of warehouse/storage space in the southern portion of
the building.
The property is zoned General Commercial which allows for a variety of uses including professional,
medical office and retail/service use. Sale of the property is subject to a right of first refusal by an adjoining
property owner.
LOCATION:
13800 NE 20th Avenue, Vancouver , Washington
SEALED BIDS DUE NO LATER THAN 5:00 PM, NOVEMBER 18, 2015
NE 139th Street
NE 20th Avenue
I-205
I-5
Legacy Salmon
Creek Hospital
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