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Totem Offices Building 2632 E St 8,000 SF 60% Leased Office Building Washougal, WA 98671 $3,071,024 CAD ($383.88 CAD/SF) 4.89% Cap Rate

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EXECUTIVE SUMMARY

Two parcels with parking lot and 2 Story Mixed-Use building anchored by Washougal Chiropractic and Craig's Plumbing Solutions along with Country Financial, Innovative Leak Detection and a rented 2 BR apartment. The second floor also has three +/-525 SF office spaces available for lease (Seller will consider a master leasing the vacant units for up to 12 months).
There are 3 undeveloped parcels totaling +/-18,731 SF. City of Washougal minimum lot size to build upon in GC zoning is 5,000 SF. BLA may be needed.
Recent updates include new metal roof, reframed & weather proofed balcony, parking lot reseal & stripe.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
8,000 SF
Building Class
C
Year Built/Renovated
1978/2025
Price
$3,071,024 CAD
Price Per SF
$383.88 CAD
Cap Rate
4.89%
NOI
$150,061 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,000 SF
Building FAR
0.19
Lot Size
0.95 AC
Zoning
CC - The intent of this commercial district is to provide goods and services to a more regional rather than local market area.
Parking
30 Spaces (3.75 Spaces per 1,000 SF Leased)

AMENITIES

  • Balcony

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • -

COUNTRY Financial protège depuis longtemps les gens. Ils travaillent ensemble pour aider les clients et leurs familles à atteindre la liberté financière. Ils sont plus qu'une compagnie d'assurance - COUNTRY Les clients de la Financière leur font confiance non seulement pour assurer des maisons, des voitures, des fermes, des entreprises et des vies, mais aussi pour aider les clients à planifier leur avenir en matière d'investissement, de retraite et de planification financière.

  • Craig's Plumbing Solutions
  • Construction
  • -
  • -
  • -
  • Washougal Chiropractic
  • Health Care and Social Assistance
  • 2,500 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Finance and Insurance - - -
Craig's Plumbing Solutions Construction - - -
Washougal Chiropractic Health Care and Social Assistance 2,500 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - G
  • 1,500 SF
  • Flex
  • Full Build-Out
  • May 2026
  • 2nd Fl-Ste B
  • 525 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste E
  • 525 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste F
  • 630 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl - G 1,500 SF Flex Full Build-Out May 2026
2nd Fl-Ste B 525 SF Office Full Build-Out Now
2nd Fl-Ste E 525 SF Office - Now
2nd Fl-Ste F 630 SF Office - Now

1st Fl - G

Size
1,500 SF
Space Use
Flex
Condition
Full Build-Out
Available
May 2026

2nd Fl-Ste B

Size
525 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste E

Size
525 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste F

Size
630 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste F

Size 630 SF
Space Use Office
Condition -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 071281-179
  • 071281-180
  • 071281-183
  • 076200-000
  • 076190-000
Land Assessment
$595,160 CAD
Improvements Assessment
$1,073,348 CAD
Total Assessment
$1,668,508 CAD
  • Listing ID: 37732008

  • Date on Market: 2025-09-18

  • Last Updated:

  • Address: 2632 E St, Washougal, WA 98671

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