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Property profile & analytics
FOR SALE
Office buildings

314 Academy St Kelso, WA 98626

4,000 SF Built 1951
Individually Owned 9-yr Hold Free & Clear
Property ID
US90-1238301
Property summary
AI-generated overview

This exceptional commercial property, located at 314 Academy Street in the heart of downtown Kelso, Washington, presents a unique investment opportunity. The building offers a total of 8,000 square feet of space, strategically divided over two floors, maximizing functionality and potential. The ground floor encompasses approximately 4,000 square feet, featuring a spacious open work area ideal for various business types. Two private offices or conference rooms provide dedicated spaces for meetings and individual work, while a convenient kitchen adds to the practicality of the space. Abundant natural light floods the ground floor, creating a bright and welcoming atmosphere. The lower level, also approximately 4,000 square feet, offers a flexible layout with partially framed offices. This area presents a blank canvas for customization, allowing a new owner to tailor the space to their specific business needs and vision. The building's prime downtown location ensures high visibility and excellent signage opportunities, attracting significant foot traffic and enhancing brand recognition. The property's proximity to numerous amenities further enhances its appeal and convenience. This is a rare opportunity to acquire a substantial commercial building in a thriving downtown area, offering significant potential for growth and return on investment. The asking price is $498,000.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1951
Total area 4,000 SF
APN 20121
UPID US90-1238301
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cowlitz County Republican Party Advocacy Group Volunteer Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Chris Siegrist · 9 yrs held
Chris Siegrist
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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