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Donn Allen's Crosley Lanes 2400 E Evergreen Blvd 40,002 SF Retail Building Vancouver, WA 98661 $8,361,561 CAD ($209.03 CAD/SF)
INVESTMENT HIGHLIGHTS
- 2.80 acres located within a federally designated Opportunity Zone – offering significant tax benefits for investors.
- Current improvements include a large-format bowling alley building, and cell tower with ample parking.
- Flexible redevelopment potential, suitable for multi-family, retail, or mixed-use development (subject to zoning).
- Strategic mixed-use setting surrounded by residential communities and small businesses.
- Cell tower with monthly income.
- High-visibility location with strong long-term growth prospects.
EXECUTIVE SUMMARY
Multi Family Mixed Use High-Potential Redevelopment in Opportunity Zone
This property, currently operating as a bowling alley, presents a rare development opportunity within a federally designated Qualified Opportunity Zone. Surrounded by a mix of residential neighborhoods and small businesses, the site offers exceptional redevelopment potential with access to significant tax incentives.
Sales Price: $5,990,000 (including cell tower lease)
This property, currently operating as a bowling alley, presents a rare development opportunity within a federally designated Qualified Opportunity Zone. Surrounded by a mix of residential neighborhoods and small businesses, the site offers exceptional redevelopment potential with access to significant tax incentives.
Sales Price: $5,990,000 (including cell tower lease)
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
40,002 SF
Building Class
C
Year Built
1950
Price
$8,361,561 CAD
Price Per SF
$209.03 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
2.80 AC
Opportunity Zone
Yes
Zoning
C3 - Rezoning to be approved early 2022 - Opportunity Zone
Parking
150 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
437’ on Evergreen Blvd
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Allen's Crosley Lanes
- Arts, Entertainment, and Recreation
- -
- -
- -
- Interstate Lanes
- Arts, Entertainment, and Recreation
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Allen's Crosley Lanes | Arts, Entertainment, and Recreation | - | - | - | ||
| Interstate Lanes | Arts, Entertainment, and Recreation | - | - | - |
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 030872-000 | Improvements Assessment | $2,404,765 CAD |
| Land Assessment | $2,622,040 CAD | Total Assessment | $5,026,806 CAD |
PROPERTY TAXES
Parcel Number
030872-000
Land Assessment
$2,622,040 CAD
Improvements Assessment
$2,404,765 CAD
Total Assessment
$5,026,806 CAD
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Donn Allen's Crosley Lanes | 2400 E Evergreen Blvd
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