Live-Work Property with
1401 N Goerig St Woodland, WA 98674
For Sale
$849,000
Flexible live-work home on 2.6 acres with hardwood floors, spacious kitchen, and multiple outbuildings, including a barn.
Lot Size2.60 Acres
Days on Market121
Property Features for 1401 N Goerig St
General Information
Standard status
Active
Lot size
2.60 Acres
Property subtype
Commercial
Building Details
Year Built
1949
Listing Agency:
Keller Williams Realty
(360) 608-0715
Listed By:
Jacqueline Smith · License #26819
(360) 608-0715
Source:
Metanars
Added: Apr 1
Changed: Jul 27
Last Checked: Jul 29 at 12:16PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This live-work property combines an existing home with expansive land and multiple outbuildings. The home features hardwood floors, abundant natural light, and a layout that can function as a residence, office, or hybrid space, supported by a spacious kitchen and flexible living areas.
Set on over 2.6 acres in Woodland, the site includes mature trees and open pasture, with flat, usable acreage. The property also includes several outbuildings, highlighted by a large barn and additional structures for storage or workspace.
The property is described as having C-2 zoning, with approved uses available in the attached PDF.
Set on over 2.6 acres in Woodland, the site includes mature trees and open pasture, with flat, usable acreage. The property also includes several outbuildings, highlighted by a large barn and additional structures for storage or workspace.
The property is described as having C-2 zoning, with approved uses available in the attached PDF.
Key Highlights
- 1949 home on 2.6+ acres in a high‑visibility Woodland location with Highway Commercial C‑2 zoning
- Hardwood floors and abundant natural light with a flexible layout for residential, office, or hybrid use
- Spacious kitchen and adaptable living areas for changing needs
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $26.40 |
| − Vacancy | −$9.0k | −$4.54 |
| EGI | $43.4k | $21.86 |
| − OpEx | −$10.8k | −$5.46 |
| NOI | $32.5k | $16.39 |
1,984 SF · lease $26.40/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$464.7K
$406.6K – $542.1K
NOI $32,526 @ 7.0% cap · market cap 3.83%
Second Best
Mixed Use
$280.6K
$245.5K – $327.4K
NOI $19,642 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$653.7K
$572.0K – $762.6K
NOI $45,757 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Flexible live-work home on 2.6 acres with hardwood floors, spacious kitchen, and multiple outbuildings, including a barn.
Where is this live-work space located?
The property is located at 1401 N Goerig St Woodland, WA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 1949 home on 2.6+ acres in a high‑visibility Woodland location with Highway Commercial C‑2 zoning; Hardwood floors and abundant natural light with a flexible layout for residential, office, or hybrid use; Spacious kitchen and adaptable living areas for changing needs
