121 Park St Aberdeen, WA 98520-5918
This exceptional commercial property, located at 121 N Park Street in Aberdeen, WA, presents a unique investment opportunity. The 0.15-acre lot features a ground-floor storefront with high traffic visibility, ideal for a variety of retail or service businesses. Adding to its income potential, the building also includes two separate one-bedroom apartments located upstairs. Currently, all units are vacant, allowing a new owner to customize the space to their needs and maximize rental income. While the building requires some upgrading, this presents a chance to add value and personalize the property. A sizable parking lot is conveniently situated on the south side of the building, providing ample space for customers and residents. The property's location and potential for both commercial and residential income make it an attractive investment. The seller is offering owner financing with a substantial down payment to qualified buyers, making this an accessible opportunity for those seeking a commercial property at an affordable price. This is a rare chance to acquire a "jewel in the rough" and create a thriving business and/or rental income stream. Don't miss this chance to own a piece of Aberdeen's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.