Technical
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Property profile

463 Washington St Sequim, WA 98382

OFF-MARKET
Specialty properties
Built 1972
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
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

Location

463 Washington St Sequim, WA 98382
Sequim metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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