Property profile

116 W Marcy Ave Montesano, WA 98563

FOR SALE
Commercial real estate
Property ID
US90-0585088
0.59 ac lot Built 1926
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Year built 1926
Lot 0.59 ac (25,700 SF)
UPID US90-0585088

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Restaurant

Location

116 W Marcy Ave Montesano, WA 98563
Montesano metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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