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Property profile & analytics
OFF-MARKET
Commercial real estate

463 Washington St Sequim, WA 98382

Built 1972
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 463 W Washington Street in the heart of Sequim, WA, presents a fantastic opportunity for a variety of businesses. Boasting excellent visibility on Washington Street, this space benefits from a large, shared parking lot and recently upgraded modern frontage, ensuring strong curb appeal. The interior has undergone significant improvements, including a complete overhaul of the electrical and plumbing systems, fresh paint throughout, a remodeled bathroom, the installation of new wall heaters and interior doors, and upgraded insulation in the dividing wall. The property's prime location at one of Sequim's busiest intersections guarantees continual high consumer traffic throughout the day. Its strategic corner location places it alongside established businesses such as Walgreens, Rite-Aid, and Safeway, further enhancing its visibility and accessibility. The flexible DMU-I/II zoning allows for a diverse range of uses, accommodating a blend of work, living, and recreational activities within Sequim's vibrant business district. Convenient access to Highway 101 provides easy transportation links. This is a Net Net Net (NNN) lease opportunity. The property is priced at $2400. The lot size is 0 acres. The property type is General Commercial. The square footage is not specified.

Property profile
Verified
Property type Commercial real estate
Year built 1972
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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