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Riverfront Mill Parcel Comes to Market

VANCOUVER, WA-The 29-acre Downtown parcel will go to the highest bidder with the fewest conditions to close. Bids are being accepted through March 17. The property is considered ripe for condominium development.

By Brian K. Miller | Updated on January 18, 2006

VANCOUVER, WA-Boise Cascade is ready to sell a 29-acre riverfront mill parcel in this city’s Downtown, a plan it first announced in June. Offers are being accepted through March 17. The wood products company says it intends to accept the best offer that calls for the fewest conditions on closing.

In preparation for the sale, Boise Cascade says it has completed a Phase II environmental assessment and has completed remediation of issues discovered in the assessment. The property is offered on an as-is basis. A closing will be scheduled prior to the end of second quarter 2006.

There is no offering price or the site, which will require new roads and utilities. One local industry source tells GlobeSt.com the site could fetch upward of $1 million per acre.

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