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    204 Yelm Ave Yelm, WA 98597

    For Sale
    $325,000

    Downtown Yelm, High Traffic, Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 204 Yelm Avenue E in the heart of Yelm, WA, presents a unique investment opportunity. Situated on a 0.14-acre lot, this building offers significant potential for a variety of uses, including office space, retail, or a boutique. Its prime downtown location ensures high visibility and substantial drive-by traffic, maximizing exposure for any business. The building itself boasts ample parking both in the front and rear, providing convenient access for customers and employees. Inside, the main floor features large, open spaces ideal for flexible layouts and adaptable to diverse business needs. Upstairs, two additional rooms offer versatile space for offices, storage, or expansion. The property also includes a functional kitchen area and 2.25 bathrooms, adding to its overall practicality and convenience. Currently occupied by a tenant, this property offers immediate income potential while also presenting significant long-term growth prospects. The combination of its desirable location, versatile layout, and existing tenant makes this a truly compelling investment opportunity in the thriving Yelm market. The asking price is $325,000. Don't miss this chance to acquire a prime commercial property in a rapidly growing area.

    Property Features for 204 Yelm Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1932
    Location Intelligence

    Current Use by Public Records

    Hometown Property Management Property Management Company Alterations by Giorda ... Clothing Alteration Service Coqueta Salon Nail Salon Fain Ann E Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Yelm
    County
    Thurston
    State
    Washington
    Longitude
    -122.605
    Latitude
    46.94141

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Yelm, High Traffic, Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 204 Yelm Ave Yelm, WA.
    What is the asking price?
    The asking price for this property is $325,000.
    (360) 753-8000
    Request Owner's contact information
    204 Yelm Ave Yelm, WA 98597
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    Yelm, WA 98597
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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
    204 Yelm Ave Yelm, WA 98597
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