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    297 Sussex Ave Tenino, WA 98589

    Sponsored
    For Sale
    $595,000

    Downtown Tenino, 3500+ sq ft, 3 Units

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This prime commercial property in downtown Tenino, WA, boasts high visibility at a key business corner. The substantial stone building offers over 3500 square feet, currently divided into three separate units, but easily adaptable into a single large space. High ceilings (15 feet) and hardwood floors throughout create a versatile interior. Abundant natural light floods the space through windows on two sides, ideal for retail or other commercial uses. A commercial kitchen is already installed, presenting opportunities for cafГ© or restaurant operations. The property benefits from a brand new HVAC system, ensuring year-round comfort. Designated parking spaces are included, supplemented by ample street and public parking nearby. Its convenient location offers easy access to Tenino Park and the quarry pool, enhancing its appeal and potential for attracting customers. The property is subject to existing leases. This is a rare opportunity to acquire a well-situated, established commercial building in a thriving downtown area. The building's size, features, and location make it an excellent investment for a variety of commercial ventures. The high visibility and proximity to local amenities ensure strong potential for business success.

    Property Features for 297 Sussex Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1966
    Property Profile Location Intelligence

    Current Use by Public Records

    Stone City Farm Beauty Supply Store

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tenino
    County
    Thurston
    State
    Washington
    Longitude
    -122.8535
    Latitude
    46.85703

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    Nearby Similar for Sale

    • $1,499,000

      Tenino Commercial Building with Dealership

      12,000+ sq ft C1 building in growing Tenino, WA.
      125 Sussex Ave, Tenino, WA 98589
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      Tenino Commercial Corner Property

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Tenino, 3500+ sq ft, 3 Units
    Where is this commercial real estate located?
    The property is located at 297 Sussex Ave Tenino, WA.
    What is the asking price?
    The asking price for this property is $595,000.
    (360) 455-1100
    Request Owner's contact information
    297 Sussex Ave Tenino, WA 98589
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    297 Sussex Ave Tenino, WA 98589
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