36-Unit Multi-Family/2,400 SF Retail Development
NE 136th Avenue & NE 9th Street, Vancouver WA
MAJ Commercial Real Estate is pleased to present a premier development opportunity in Vancouver, WA.
This $1.44 acre site is approved for a 36-unit multifamily community alongside a +2,400 SF retail/office building. MAJ Development will deliver the subject site with full site plan approval with the City of Vancouver, including full civil design approval as well as full architectural construction plans for both the multifamily and retail developments. The project is expected to be permit ready by March 2026.
The property currently consists of one tax lot, but the developer will be short platting the parcel into two separate parcels, providing future ownership with flexibility and optionality-including the potential to sell one of the parcels or hold each asset independently to support diversification of investment strategy.
Strategically located at the SW corner of NE 136th Ave and NE 9th Street, the site benefits from excellent visibility and access, with traffic counts of approximately 24,000 vehicles per day. Surrounding new developments and major national retailers include In-N-Out Burger, Mercedes Sprinter, Land Rover, Lexus, Lithia Motors, WinCo Foods, and the Firstenburg Community Center— creating strong demand drivers for both residential and retail uses.
Sale Price: $2,395,000
For Additional Information:
Brandi M. Ho
360.823.5112
Brandi@MAJCRE.com
Blake D. Federinko
360.823.5111
Blake@MAJCRE.com