$649,500
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601 W Railroad Avenue Shelton, WA 98584
General Commercial
Residence
Beds
Baths
Sq. Ft.
Property Activity
Time on Site
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This is a great investment opportunity in the heart of downtown Shelton, WA with a good history and with very little vacancy. Property has been well maintained and is turn key. Prime corner location with additional alley access. Zoned "Downtown" that may allow for additional expansion as onsite par...king is not required under this zoning. All four suites are fully serviced and lease rates include all utilites being paid by the owner. Even being fully serviced, the Net Operating Income indicates a 6 to 7% Capitalization Rate at the asking price. The photos should speak for themselves but we are happy to arrainge "off hour" tours for you and your Broker. Easy walking to banks, post office, several good restaurants, Court House and City Hall.
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MLS#
2316381
Property Type
General Commercial
Status
Year Built
1965
Sewer
Sewer Connected
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