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Mixed-Use Multi-Unit Building
For Sale
$595,000

112 1st Avenue S #1-4, Ilwaco, WA 98624

Building features an above apartment plus three separate commercial spaces, each with its own entrance and bathroom.

Property SizeContact for details
Days on Market60

Property Features for 112 1st Avenue S #1-4

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,538

Building Details

Year Built 1944
Tenancy Multi
Listing Agency: Century 21 Pacific Realty
Listed By: Leslie Brophy · License #12336
Source: Multifamilyspecialist
Added: Jun 11 Changed: Aug 8 Last Checked: Aug 8 at 1:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Pacific Realty

Investment Insights

Based on property information with market context.

This mixed-use multi-unit building includes a 2-bedroom, 2-bath residential apartment positioned above three separate commercial spaces. The commercial spaces each have their own entrance and bathroom. The property also includes a laundry room and updated interior finishes, including refinished fir floors and newer kitchen living spaces. The building has been updated over the last 10 years and is described as turnkey. Apartment furnishings are available as a package outside of escrow, excluding artwork.

The property is presented as being at the gateway to the Pacific Ocean, national parks, and the Port of Ilwaco.

Overall configuration is a combined residential-income and storefront setup with four spaces total and 5 bathrooms across the building.

Key Highlights

  • 1944‑built multi‑unit building with an above apartment plus 3 separate commercial spaces
  • Apartment has 2 beds, 2 baths, and 5 total bathrooms across the building
  • Commercial spaces include 3 separate units with their own entrances and bathrooms

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

Demographics for 98624, WA

1,305
Population
800
Households
1.6
Avg Household Size
50
Median Age
27%
College-Educated
92%
High-School Grad
34.9 sq mi
ZIP Area
37
Density / Sq Mi
$88,977
Median Household Income
$46,207
Median Earnings
$1,219
Median Rent
$332,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Building features an above apartment plus three separate commercial spaces, each with its own entrance and bathroom.
Where is this short term rental property located?
The property is located at 112 1st Avenue S #1-4 Ilwaco, WA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 1944‑built multi‑unit building with an above apartment plus 3 separate commercial spaces; Apartment has 2 beds, 2 baths, and 5 total bathrooms across the building; Commercial spaces include 3 separate units with their own entrances and bathrooms
More about this property
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