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Investment Highlights

  • Flex industrial development under construction in growing Washougal market
  • Designed for multi tenant flexibility across contractor and service users
  • Select units include mezzanine space for added functionality
  • Two buildings with 8 total grade level bay doors for drive in access
  • Clear heights ~22 ft to ~26 ft allow for efficient vertical use
  • 17 paved parking spaces with on site circulation and access

Executive Summary

Exceptional opportunity to acquire a flex industrial development currently under active construction in a growing Washougal location. The project features two thoughtfully designed shop buildings, each offering four grade level roll up bay doors for easy drive in access. The layout supports a wide range of uses including contractor space, storage, light industrial, and small business operations. The buildings are designed with high ceilings and efficient open layouts, with select units offering mezzanine space for added flexibility. Clear heights vary across the structures due to the sloped roof design, allowing for expanded vertical storage and functional workspace. Each bay is positioned for direct vehicle access, supporting practical day to day operations. The site is planned for 17 paved parking spaces, a designated trash enclosure area, and a defined driveway approach that allows for smooth vehicle circulation throughout the property. The layout is designed to maximize usability of the ~0.35 acre site while maintaining accessibility and separation between bays. Modern exterior design and low maintenance construction are intended to provide long term durability and reduced operating concerns. The project is configured to support multi tenant occupancy, offering flexibility for owner users or investors seeking a scalable income producing asset. The site is currently under active development and not yet fully complete. Construction completion date is TBD - BUILD TO SUIT options available. Situated with convenient access from E St and nearby arterial routes, the property benefits from a strategic location in an area experiencing continued growth and demand. Buyer to perform due diligence regarding permitted uses, construction status, and final specifications. Current property taxes reflect land only. Improvements are under construction and will be reassessed upon completion. Operating expenses are not yet established. Buyer to verify all information.

Property Facts

Price $3,409,014 CAD
Price Per SF $561.15 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Warehouse
  • Industrial Service
  • FlexLight Distribution
Building Class B
Lot Size 0.35 AC
Construction Status Under Construction
Rentable Building Area 6,075 SF
No. Stories 1
Year Built 2026
Parking Ratio 2.8/1,000 SF
Clear Ceiling Height 22’
Opportunity Zone Yes
Zoning CC

Amenities

  • Front Loading
  • Mezzanine
  • Shallow Bay

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
075255-000
Land Assessment
$153,525 CAD
Improvements Assessment
$306,703 CAD
Total Assessment
$460,228 CAD
  • Listing ID: 40249096

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 1823 E St, Washougal, WA 98671

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