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    17490 Shelton Matlock Rd Matlock, WA 98560

    For Sale
    $949,950

    Established Business, Multiple Income Streams

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a thriving general store, gas station, and post office located at 17490 W Shelton Matlock Road, Matlock, WA. The property encompasses two acres and features a well-established convenience store offering hot food, beverages, coffee, sundries, and hardware supplies. The gas station includes two pumps, providing an additional revenue stream. Seven self-storage lockers generate further income, adding to the property's diverse revenue portfolio. A residential home is also included on the site, though it requires some renovation. The current owner operates the Matlock Post Office within the building, providing a consistent and reliable income source. Financial records demonstrate a positive cash flow, indicating a strong return on investment. This turnkey business offers significant potential for growth and expansion, making it an attractive proposition for a savvy investor seeking a diversified and established commercial enterprise. The property's strategic corner location ensures high visibility and accessibility, further enhancing its appeal. This is a rare opportunity to acquire a multifaceted business with multiple income streams in a desirable location. The existing infrastructure and established clientele provide a solid foundation for continued success and future development.

    Property Features for 17490 Shelton Matlock Rd

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1999
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Matlock General Store ... Grocery Store United States Postal ... Post Office Matlock Country Mall Business Center

    Suggested Use

    Food Market Grocery Store Coworking Space Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Matlock
    County
    Mason
    State
    Washington
    Longitude
    -123.4077
    Latitude
    47.23878

    Nearby Comparable

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    Nearby Similar for Sale

    • $949,950
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      Gas Station C-Store For Sale

      Gas station and convenience store with multiple income streams.
      17490 Shelton-Matlock Rd, Matlock, WA 98584
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    • $949,950
      6,925 SF

      Gas Station & Convenience Store

      Gas station with convenience store, self-storage, and post office.
      17490 W Shelton-Matlock Rd, Matlock, WA
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established Business, Multiple Income Streams
    Where is this commercial real estate located?
    The property is located at 17490 Shelton Matlock Rd Matlock, WA.
    What is the asking price?
    The asking price for this property is $949,950.
    (253) 246-7430
    Request Owner's contact information
    17490 Shelton Matlock Rd Matlock, WA 98560
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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
    17490 Shelton Matlock Rd Matlock, WA 98560
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