Provided by NWMLS, Listed by Windermere RE/Himlie
Active
601 W Railroad Avenue
Shelton WA, 98584
$649,500
Active
Commercial
Built in 1965
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 parking 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.
2316381
MLSⓇ ID
December 12, 2024
Listed
December 13, 2024
Updated
Map
601 W Railroad Avenue
Shelton WA, 98584
Interior Features
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C, Heat Pump
Heating
Yes
Heating Description
Forced Air, Heat Pump
Exterior/Building Features
Lot Size
0.28 Acres
Exterior Features
Wood
Roof
Composition
Sewer
Sewer Connected
Other Property Details
Area Name
175 - Shelton
Taxes
$8,270
Tax Frequency
Annually
Garage
No
Parking Total
16
View
No
County
Mason
Water Source
Public
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 1/18/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 1/18/2025 at 3:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 1/18/2025 at 3:00 AM UTC
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