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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