Burton Corner I Shovel-Ready 101 Units, 5 Retail — Sale in Vancouver, WA
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Vancouver, WA 98682
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Description
Burton Corner represents a premier investment opportunity for a permit approved, shovel ready development. The 5-story mixed-use development located at 11001 NE Burton Road and 2615 NE 110th Avenue, Vancouver, Washington. This project capitalizes on the area’s dynamic growth, robust housing demand, and increasing senior population. With 101 residential units and prime ground-floor commercial space, Burton Corner is designed to deliver long-term value through innovative design, community integration, and strategic market positioning. Designed as a community-centric hub, Burton Corner seamlessly integrates modern living with neighborhood connectivity, drawing inspiration from the Pacific Northwest’s natural and urban landscapes. High-quality, durable materials such as cold-formed metal framing and cast-in-place concrete ensure structural integrity. Fiber cement siding, metal panels, and standing seam metal roofing create a contemporary, weather-resistant exterior. The interior spaces are enhanced with architectural wood casework, gypsum board walls, and energy-efficient aluminum glazing and vinyl windows. Burton Corner offers significant upside potential through flexible development strategies. Clark County is experiencing rapid growth among residents aged 60 and older, with projections showing a 158% increase in this demographic from 2005 to 2030. By 2030, one in four residents will be over 60, and The Vancouver Housing Authority (VHA) reports a shortfall of 1,000 units to meet the demand. Waiting lists for senior housing are extensive, indicating unmet needs in the community. The option to lift the age restriction on the residential units expands the target demographic, increasing occupancy rates and revenue potential with the market rate for 1 bedrooms going for $1,750. Additionally, eligibility for Low-Income Housing Tax Credits (LIHTC) offers significant financial benefits. Located along the NE Burton Road corridor, the site benefits from moderate traffic volumes
Market Context
This mixed use in Vancouver, WA is listed for sale. Compare it against other mixed use listings for sale in Vancouver, WA — view the full market.
Contact
- Georgie Christensen-Riley · (503) 200-2058 · georgie.christensen@marcusmillichap.com
- Joel Deis · (206) 826-5700
- Tammy Linden · (206) 826-5713 · tammy.linden@marcusmillichap.com
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