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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

17490 Shelton Matlock Rd Matlock, WA 98560-9900

4,144 SF 2 ac lot Built 1999
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US90-1657804
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving general store, gas station, and post office located at 17490 W Shelton Matlock Road, Matlock, WA. The property encompasses two acres and features a well-established convenience store offering hot food, beverages, coffee, sundries, and hardware supplies. The gas station includes two pumps, providing an additional revenue stream. Seven self-storage lockers generate further income, adding to the property's diverse revenue portfolio. A residential home is also included on the site, though it requires some renovation. The current owner operates the Matlock Post Office within the building, providing a consistent and reliable income source. Financial records demonstrate a positive cash flow, indicating a strong return on investment. This turnkey business offers significant potential for growth and expansion, making it an attractive proposition for a savvy investor seeking a diversified and established commercial enterprise. The property's strategic corner location ensures high visibility and accessibility, further enhancing its appeal. This is a rare opportunity to acquire a multifaceted business with multiple income streams in a desirable location. The existing infrastructure and established clientele provide a solid foundation for continued success and future development.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1999
Total area 4,144 SF
Lot 2 ac (87,120 SF)
APN 62011-23-90051
UPID US90-1657804
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
Current use
Occupant on record · Public records
  • Matlock General Store & Feed Grocery & Convenience Store Food Market
  • United States Postal Service Shipping And Mailing Service Post Office
  • Matlock Country Mall Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
James Balthis · 18 yrs held
James Balthis
since 2007
1 recorded transaction
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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