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    OFF-MARKET
    Medical Office Space

    1401 Goerig St, Woodland, WA 98674

    1,984 SF 2.61 ac lot Built 1949
    Property ID
    US90-0536765
    Property summary
    AI-generated overview

    This Woodland, WA office building presents a unique redevelopment opportunity for investors or small businesses. The 1,984 square foot building, situated on a 2.61-acre lot zoned C-2, offers versatile usage as a creative, medical, or traditional office space. Currently operating at 100% occupancy with a single tenant, the property includes a four-bedroom home, potentially usable as additional office space or for a "live/work" arrangement. A detached two-car garage/shop and additional outdoor buildings, including a pump house, enhance the property's functionality. The grounds feature mature landscaping, including trees, rhododendrons, and garden areas. The building, constructed in 1949, is classified as Class C and operates under a modified lease. Conveniently located near I-5, exits 21 and 22 provide easy access. The asking price is $949,000, reflecting a price per square foot of $478.33. This property offers significant potential for various uses and strong return on investment. The property is located at 1401 N Goerig St, Woodland, WA 98674 in Cowlitz County.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1949
    Total area 1,984 SF
    Lot 2.61 ac (113,692 SF)
    UPID US90-0536765
    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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