6791 Wa-106 Union, WA 98592
This exceptional 1.75-acre commercial property in Union, Washington, presents a lucrative investment opportunity. Located on Hood Canal with 160 feet of waterfront, the property boasts three established RV sites currently operating at 100% occupancy, generating a Pro-Forma NOI of $138,647 and a 23% Pro-Forma Cap Rate. The asking price is $599,000, offering a strong return on investment. Included is a high-end fifth-wheel RV consistently renting for $350 per night. The property is commercially zoned and features owned tidelands, presenting potential for oyster farming. An existing structure, previously a successful espresso stand, offers additional development potential. With its existing income stream and significant expansion possibilities, this property is poised for substantial growth. Built in 1985, this free-and-clear property offers a rare chance to acquire a thriving waterfront business with immediate cash flow and significant upside. The property is located at 6791 WA-106, Union, WA 98592, in Mason County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.