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    213 Washington St Sequim, WA 98382

    Sponsored
    For Sale
    $975,000

    High-yield, fully leased commercial building.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property at 213 E Washington Street in Sequim, WA, presents a compelling investment opportunity. Located on Sequim's busiest street, this building enjoys high visibility and traffic, benefiting from its proximity to the US Post Office. The 975,000 USD property is currently fully leased to a diverse mix of established tenants, including Edward Jones Investments, La Petite Maison, Pedego Electric Bikes, and Beal Carpet and Drapes. The building offers a total of approximately 7,040 square feet of leasable space, distributed among the tenants as follows: La Petite Maison occupies 1200 square feet at a monthly rent of $16,500

    Property Features for 213 Washington St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sequim
    County
    Clallam
    State
    Washington
    Longitude
    -123.0998
    Latitude
    48.07937

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield, fully leased commercial building.
    Where is this commercial real estate located?
    The property is located at 213 Washington St Sequim, WA.
    What is the asking price?
    The asking price for this property is $975,000.
    (360) 683-1500
    Request Owner's contact information
    213 Washington St Sequim, WA 98382
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    Sequim, WA 98382
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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
    213 Washington St Sequim, WA 98382
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