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    116 Marcy Ave Montesano, WA 98563

    For Sale
    $1,000,000

    Historic Downtown Gem, Exceptional Condition

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, located at 116 W Marcy Ave in the heart of Montesano, WA, presents a unique investment opportunity. Situated on a 0.59-acre lot, the building boasts a rich history and is in truly exceptional condition, having recently passed a rigorous insurance inspection covering both its structural integrity and operational systems. The main level is ideally configured for a restaurant or bar, featuring a fully equipped commercial kitchen and ample seating capacity. Upstairs, the layout includes ten individual offices, a large meeting room (currently used as a church), and a substantial kitchenette/dining area. Extensive renovations have been completed throughout, encompassing significant upgrades to the electrical, plumbing, flooring, and heating systems. The building's unbeatable location places it just blocks from the county building, offering unparalleled access to local government and high visibility. This one-of-a-kind building in a prime location represents a rare chance to acquire a meticulously maintained and versatile commercial space with significant potential. The asking price is $1,000,000. The square footage is not currently available. This property is ready for immediate occupancy and offers a strong return on investment.

    Property Features for 116 Marcy Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    25,700 SF

    Building Details

    Year Built
    1926
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montesano
    County
    Grays Harbor
    State
    Washington
    Longitude
    -123.6018
    Latitude
    46.98028

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Downtown Gem, Exceptional Condition
    Where is this commercial real estate located?
    The property is located at 116 Marcy Ave Montesano, WA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (206) 582-5022
    Request Owner's contact information
    116 Marcy Ave Montesano, WA 98563
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    Montesano, WA 98563
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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
    116 Marcy Ave Montesano, WA 98563
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