157 Salkum Rd Salkum, WA 98582
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 157 Salkum Rd
- Year built
- 1925
- Property type
- Commercial real estate
Description
This unique Salkum, WA property presents a fantastic dual investment opportunity, encompassing a thriving 1180-square-foot commercial bar and a captivating turn-of-the-century residence. The bar offers significant potential for growth and expansion, currently operating and ready for a new owner to capitalize on its existing success. Separately, the charming 3-bedroom, 1-bathroom home boasts approximately 1670 square feet of living space, complemented by an unfinished basement. Original wood features, high ceilings, built-in elements, and massive living room windows retain the home's historical character. A metal roof ensures durability, while forced-air heat with a heat pump provides efficient climate control. A convenient circle driveway and covered carport enhance accessibility. The home requires renovation to restore its former glory, presenting a rewarding project for a buyer with vision. Both structures are situated on a sizable 0.89-acre lot, offering ample space and possibilities. This combined commercial and residential property is ideal for an investor seeking a multifaceted venture with significant upside potential. The property is priced at $469,900.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salkum
- County
- Lewis
- State
- Washington
- Longitude
- -122.627
- Latitude
- 46.532