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Totem Offices Building 2632 E St 8,000 SF 60% Leased Office Building Washougal, WA 98671 $3,008,940 CAD ($376.12 CAD/SF) 4.89% Cap Rate
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.
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
Building Size
8,000 SF
Building Class
C
Year Built/Renovated
1978/2025
Price
$3,008,940 CAD
Price Per SF
$376.12 CAD
Cap Rate
4.89%
NOI
$147,028 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 is a privately held insurance and financial services company founded in 1925. Headquartered in Bloomington, Illinois, the company originated from a group of Illinois Agricultural Association members who aimed to provide fire and lightning insurance to farmers. Over the decades, COUNTRY Financial expanded its offerings to include auto, home, life, farm, and commercial insurance, as well as retirement planning and investment management. The company operates in 19 states and serves over one million households and businesses. COUNTRY Financial is not publicly traded and remains privately held.
- 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
- Build-Out
- 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 | Build-Out | 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 |
| Build-Out |
| Full Build-Out |
| Available |
| May 2026 |
2nd Fl-Ste B
| Size |
| 525 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste E
| Size |
| 525 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste F
| Size |
| 630 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,052,809 CAD | |
| Land Assessment | $583,771 CAD | Total Assessment | $1,636,580 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$583,771 CAD
Improvements Assessment
$1,052,809 CAD
Total Assessment
$1,636,580 CAD
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Totem Offices Building | 2632 E St
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