Property profile

121 Park St Aberdeen, WA 98520

OFF-MARKET
Retail space
Property ID
US90-2731086
1,460 SF 0.15 ac lot Built 1925
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Construction STEEL FRAME
Total area 1,460 SF
Lot 0.15 ac (6,534 SF)
APN 11000900101
UPID US90-2731086

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121 Park St Aberdeen, WA 98520-5918
Aberdeen metro Census 1200 ABERDEEN, WA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2025
Last sale
$130,000
5 recorded transactions
2025
$130,000
2019
$109,000
2006
Price N/A
2006
$120,000
2006
$102,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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