463 Washington St Sequim, WA 98382
This 1,600 square foot retail space at 463 W Washington St, Sequim, WA 98382, presents a fantastic commercial opportunity. Located at a busy intersection in downtown Sequim, this single-tenant property boasts excellent visibility and curb appeal, enhanced by a recently upgraded modern frontage and a large shared parking lot. The building, constructed in 1972, is a one-story structure with updated interior features including new electrical and plumbing systems, fresh paint, a remodeled bathroom, newly installed wall heaters, new interior doors, and upgraded insulation in a division wall. The property benefits from continual consumer traffic throughout the day, situated on a corner lot with neighboring businesses including Walgreens, Rite-Aid, and Safeway. Flexible S_DMU-II zoning allows for a variety of uses, combining work, living, and recreation options. Convenient access to Highway 101 adds to its appeal. The property features a PUD power system and has an APN of 033019600130. This is a Net Net Net (NNN) lease opportunity.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.