1069 Wa-3 Shelton, WA 98584
This exceptional 7,000-square-foot commercial property in Shelton, Washington, presents a unique owner-user and investment opportunity. Located at 1069 WA-3, this single-story, 1993-built building boasts a versatile layout ideal for a variety of uses. The property features a blend of retail and warehouse space, with approximately 5,500 square feet dedicated to retail/office space and 1,500 square feet of warehouse space. Currently, the warehouse and a significant portion of the retail space are occupied by the owner, who will vacate upon sale. Two strong existing tenants provide immediate income potential. The property includes ample parking with 16+ spaces and convenient access via a large roll-up warehouse door. The asking price is $799,000, translating to $114.14 per square foot. The property's Assessed Parcel Number (APN) is 32030-14-90040. This strategically located property, just off State Route 3, offers excellent visibility and accessibility, making it an attractive proposition for both investors and owner-occupiers seeking a blend of retail and warehouse functionality. The property is comprised of three separate units, providing flexibility for various business models. This is a rare opportunity to acquire a well-maintained, established commercial property in a thriving location.
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.