3506 Main St, Vancouver, WA 98663

Vancouver
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
3506 Main St,Vancouver, WA 98663
$989,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jeff wunder, lisa wunder
Office: keller williams realty360-693-3336
MLS#:243213175
Source:PORTLAND

Price summary

  • Price:$989,000

About this home

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...

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Home facts

  • Year built:1939
  • Listing ID #:243213175
  • Added:49 day(s) ago
  • Updated:September 05, 2026 at 01:26 PM

Rooms and interior

  • Basement Description:Finished

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1939
  • Lot area:0.28 Acres
  • Lot Features:Corner Lot
  • Foundation Description:Concrete Perimeter

Schools

  • High school:Hudsons Bay
  • Middle school:Discovery
  • Elementary school:Lincoln

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$989,000
  • Tax amount:$3,482

Parking

  • Total parking spaces:15
  • Parking description:On street, Paved
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 5, 2026

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