213 Washington St Sequim, WA 98382
- Grocery and convenience stores
- 6,240 SF
- 0.29 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 213 Washington St
- Year built
- 1940
- Lot size
- 0.29 lot acres
- Property size
- 6,240 SF
- Property type
- Grocery and convenience stores
- APN
- 330205301100000
- APU
- 330205301100000
Description
This exceptional commercial property at 213 E Washington Street in Sequim, WA, presents a compelling investment opportunity. Located on Sequim's busiest street, this building enjoys high visibility and traffic, benefiting from its proximity to the US Post Office. The 975,000 USD property is currently fully leased to a diverse mix of established tenants, including Edward Jones Investments, La Petite Maison, Pedego Electric Bikes, and Beal Carpet and Drapes. The building offers a total of approximately 7,040 square feet of leasable space, distributed among the tenants as follows: La Petite Maison occupies 1200 square feet at a monthly rent of $16,500
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $385,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $340,000
- Mixed-Use
- $335,000
- Hospitality
- $350,000
- Educational
- $360,000
- Residential Income
- $325,000
- Energy
- $385,000
- Income-Based Land
- $345,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Sequim
- County
- Clallam
- State
- Washington
- Longitude
- -123.1
- Latitude
- 48.0794
- CBSA code
- 38820
- CBSA name
- PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA