Mixed-Use Downtown Multifamily with
101 1ST Shelton, WA 98584
For Sale
$4,350,000
28 studios, 10 one-bedroom apartments, and four retail spaces, with dedicated parking and skybridge access between buildings.
Property Size21,879 SF
Price / SF$198.82
Days on Market262
Property Features for 101 1ST
General Information
Standard status
Active
Size
21,879 SF
Property subtype
Multi-family
Building Details
Year Built
1908
Listing Agency:
Westlake Associates,Inc.
Listed By:
Reid Jones
(253) 564-6211
Source:
Century21northhomes
Added: Nov 9, 2025
Changed: Jul 10
Last Checked: Jul 22 at 7:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westlake Associates,Inc.
Investment Insights
Based on property information with market context.
This mixed-use property includes 28 studio units and 10 one-bedroom apartments, along with four retail spaces. A separate 5,000-square-foot parcel provides dedicated parking and is connected to the main building by a permanent skybridge. The building was retrofitted in 2000 with improvements that included electrical upgrades. The community also features professional on-site management, controlled access, off-street parking, and a community garden area.
The retail and residential components are positioned along the city’s primary commercial corridor, with visibility along South 1st Street. The parking parcel is located at the corner of 1st and Cota Street and is served through the connected skybridge system. Residents have convenient access to nearby everyday destinations, including schools, grocery stores, shopping, and a local movie theater.
For tenants, the property offers an apartment mix with studios and one-bedroom layouts, supported by managed operations and amenities such as controlled access, off-street parking, and a community garden. For retail tenants, the four street-oriented retail spaces provide a blend of residential foot traffic and commercial frontage. The integrated parking arrangement and skybridge connection are designed to support day-to-day convenience for both residents and visitors.
The retail and residential components are positioned along the city’s primary commercial corridor, with visibility along South 1st Street. The parking parcel is located at the corner of 1st and Cota Street and is served through the connected skybridge system. Residents have convenient access to nearby everyday destinations, including schools, grocery stores, shopping, and a local movie theater.
For tenants, the property offers an apartment mix with studios and one-bedroom layouts, supported by managed operations and amenities such as controlled access, off-street parking, and a community garden. For retail tenants, the four street-oriented retail spaces provide a blend of residential foot traffic and commercial frontage. The integrated parking arrangement and skybridge connection are designed to support day-to-day convenience for both residents and visitors.
Key Highlights
- Mixed‑use property built in 1908 with 28 studio units, 10 one‑bedroom apartments, and four retail spaces
- Four retail spaces and residential units located along the city’s primary commercial corridor on South 1st Street
- Includes a second 5,000 SF parcel at the corner of 1st and Cota St for dedicated parking
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 28 studios, 10 one-bedroom apartments, and four retail spaces, with dedicated parking and skybridge access between buildings.
Where is this apartment building located?
The property is located at 101 1ST Shelton, WA.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: Mixed‑use property built in 1908 with 28 studio units, 10 one‑bedroom apartments, and four retail spaces; Four retail spaces and residential units located along the city’s primary commercial corridor on South 1st Street; Includes a second 5,000 SF parcel at the corner of 1st and Cota St for dedicated parking
