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Property profile & analytics
OFF-MARKET
Turn key restaurants

121 Mashell N Ave Eatonville, WA 98328

4,760 SF 0.11 ac lot Built 1915
Entity Owned 3-yr Hold Free & Clear
Property ID
US90-0998229
Property summary
AI-generated overview

This exceptional 4,760 square foot executive office building, located at 121 Mashell Avenue North in Eatonville, Washington, presents a unique investment opportunity. The property, situated in the heart of downtown Eatonville, boasts a prime location within walking distance of numerous restaurants, offices, and shops. Originally constructed in 1965, the building underwent a complete renovation in 2023, resulting in a modern, "empty shell" condition ready for immediate tenant build-out. The spacious layout includes 2,600 square feet on the first floor and 2,160 square feet on the second floor, offering flexibility for various office configurations. The property sits on a 4,792 square foot lot and is zoned C-1, designating it for downtown commercial use. Permitted office plans are readily available, streamlining the process for potential buyers. This turnkey property offers a blend of historical charm and modern functionality, making it an ideal investment for those seeking a high-visibility location in a thriving community. The asking price for this remarkable opportunity is $565,000. The property's central location and recent renovation make it an attractive prospect for businesses seeking a well-established presence in Eatonville's vibrant commercial district. The building's size and layout provide ample space for a variety of office uses, and the C-1 zoning ensures a wide range of permitted activities.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,760 SF
Lot 0.11 ac (4,800 SF)
Zoning code C1
APN 416143015
UPID US90-0998229
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Blue Core Power LLC · 3 yrs held
Blue Core Power LLC
since 2022
Last sale
$274,219
6 recorded transactions
2025
Price N/A
2022
$274,219
2019
Price N/A
2012
$150,000
2008
$160,800
1989
$74,500
Zoning & alternative use
C1 · Eatonville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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