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Property profile & analytics
OFF-MARKET Estimated value $535,000
Automotive properties

108 Race St Port Angeles, WA 98362-3616

1,200 SF 0.32 ac lot Built 1962
Individually Owned 4-yr Hold Free & Clear
Property ID
US90-2914553
Property summary
AI-generated overview

This exceptional 1,200-square-foot Class A retail or restaurant space in Port Angeles, WA, is ideally situated at 108 S Race St, 98362. Completely renovated in 2022, the single-tenant building boasts a convenient drive-thru lane capable of accommodating 15 vehicles without traffic disruption. The property includes a roll-up garage door, a unisex ADA-compliant bathroom, ample storage, and a separate kitchen area with a dedicated drive-thru exit. Eight off-street parking spaces are available, including a designated handicapped space, with convenient access from Race Street and an alleyway exit onto First Street. The building sits on a 3.2-acre lot (14,000 square feet) and features attractive mountain views, industrial ceiling fans, pendant lighting, and large windows. A modern ductless heat pump system ensures efficient climate control. The property is zoned commercial and connected to Port Angeles city power. Annual property taxes are $4.26 per square foot. This is a truly remarkable opportunity for a discerning business owner seeking a high-visibility location in a thriving community.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1962
Total area 1,200 SF
Lot 0.32 ac (14,000 SF)
APN 630005124000000
UPID US90-2914553
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
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k
Owner & transaction history
James Timothy Haguewood · 4 yrs held
James Timothy Haguewood
since 2021
Last sale
$475,000
4 recorded transactions
2021
$475,000
2020
$75,000
2020
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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