Mixed-Use Property With
For Sale
$4,350,000
101 S 1st Street, Shelton, WA 98584
Apartment residences and retail suites share a professionally managed property on South 1st Street.
Property Size21,879 SF
Price / SF$198.82
Days on Market216
Property Features for 101 S 1st Street
General Information
Standard status
Active
Size
21,879 SF
Total Parking Spaces
8
Property subtype
Multi-Family
Net Operating Income
$352,155
Units
Unit Mix
28 x studio, 10 x one-bedroom
Multifamily Units
38
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$27,140
Amenities
controlled access
community garden space
Laminate,Vinyl Plank,Carpet
Yes
No
3
Electric
Corner Lot,Curbs,Paved,Sidewalk
Gated Entry
8
0.33
Cement/Concrete,Wood
21879
Building Details
Building Size
21,879 SF
Year Built
1908
Stories
3
Tenancy
Multi
Listing Agency:
Redfin
(503) 522-6057
Listed By:
Stephen Sekora
(503) 522-6057
Source:
Premierepropertygroup
Added: Jan 26
Changed: Aug 30
Last Checked: Aug 30 at 12:28AM
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 Redfin
Investment Insights
Based on property information with market context.
This mixed-use property combines 38 apartment units with four retail spaces in a 21,879-square-foot building. The residential component includes 28 studios and 10 one-bedroom apartments. Improvements completed in 2000 included electrical upgrades, and the property has professional on-site management, controlled entry, off-street parking, and community garden space.
A separate 5,000-square-foot parcel at the intersection of 1st and Cota Street provides dedicated parking and connects to the main building by a permanent skybridge. The property occupies a corner position along South 1st Street in downtown Shelton, with walkable access to the transit center, schools, grocery stores, shopping, a movie theater, and other downtown amenities.
A separate 5,000-square-foot parcel at the intersection of 1st and Cota Street provides dedicated parking and connects to the main building by a permanent skybridge. The property occupies a corner position along South 1st Street in downtown Shelton, with walkable access to the transit center, schools, grocery stores, shopping, a movie theater, and other downtown amenities.
Key Highlights
- 38 apartment units: 28 studios and 10 one‑bedroom apartments
- Four retail spaces within a 21,879‑square‑foot mixed‑use building
- Separate 5,000‑square‑foot parking parcel connected by permanent skybridge
Property Analytics
Property Profile
Current Use
Lease Details
38
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Explore this area
Business Placement
Demographics for 98584, WA
39,266
Population
17,402
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
359.5 sq mi
ZIP Area
109
Density / Sq Mi
$73,149
Median Household Income
$41,593
Median Earnings
$1,250
Median Rent
$365,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Apartment residences and retail suites share a professionally managed property on South 1st Street.
Where is this mixed-use property located?
The property is located at 101 S 1st Street 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: 38 apartment units: 28 studios and 10 one‑bedroom apartments; Four retail spaces within a 21,879‑square‑foot mixed‑use building; Separate 5,000‑square‑foot parking parcel connected by permanent skybridge
