Cedar St Sequim, WA 98382
This exceptional 0.0-acre commercial lot, located at 0 Lot 23 W Cedar Street in the heart of Sequim, WA, presents a unique investment opportunity. Situated directly across from the Sequim Transit Center and adjacent to the popular Weekend Farmers Market, this property enjoys unparalleled visibility and accessibility. The zoning designation, Downtown Multi Use, allows for a wide range of development options, including multi-family residential, small businesses, or a mixed-use project. The minimal parking requirements offer flexibility in design and maximize usable space. This prime location within Sequim's vibrant downtown core ensures high foot traffic and strong potential for commercial success. The property's proximity to public transportation and a bustling farmers market guarantees a steady stream of potential customers and residents. The possibilities are truly limitless, making this an ideal site for an entrepreneur seeking a high-impact location or a developer looking to capitalize on Sequim's thriving economy. The asking price of $164,950 represents a compelling entry point into the Sequim commercial real estate market. Don't miss this chance to acquire a highly desirable property in a dynamic and growing community. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.