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    OFF-MARKET
    Commercial real estate

    1002 Cole St, Enumclaw, WA 98022

    2,040 SF 0.19 ac lot Built 1937
    Property ID
    US90-3198877
    Property summary
    AI-generated overview

    This exceptional 2-story, 2,040 square foot executive office building, located at 1002 Cole St in Enumclaw, WA 98022, presents a unique investment opportunity. Built in 1937, this Class C property sits on a 0.19-acre lot in the heart of downtown, at the highly visible intersection of Cole Street and Roosevelt Avenue. The building boasts a single tenancy and offers seven parking spaces. The interior features high ceilings and an open layout, complemented by three or more private offices, a coworking space, a reception area, and a large private conference room on the upper floor. Recent renovations include fresh paint and new carpeting throughout. A significant added benefit is the full basement, accessible from the exterior, providing ample storage space and laundry facilities. The basement also features considerable ceiling height, allowing for versatile use. Zoned Central Business 1, this property offers a wide range of potential uses. The asking price is $599,000, translating to $293.63 per square foot. This prime location and versatile space make this an attractive proposition for a variety of businesses seeking a well-maintained and conveniently located office building in a thriving community. The property's strong visibility at a four-way stop ensures high traffic exposure.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1937
    Total area 2,040 SF
    Lot 0.19 ac (8,276 SF)
    UPID US90-3198877
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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