Property profile

1819 State Hwy 508 Onalaska, WA 98570

OFF-MARKET
Commercial real estate
Property ID
US90-1794124
2,140 SF 0.49 ac lot Built 1950
Individually Owned 15-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This profitable, long-established automotive repair shop in Onalaska, WA presents a fantastic investment opportunity. Located on Highway 508, the property boasts high visibility and convenient access. The 2140 square foot building includes a spacious office area, ample storage rooms, and a well-equipped one-bay repair area complete with an oil changing pit and an exterior automobile hoist. All existing equipment and tools are included in the sale, providing a turnkey operation for a new owner. The sale also includes a single-wide mobile home situated on the .49+/- acre lot. This mobile home is currently rented on a month-to-month basis for $600 per month, generating additional income for the property. City water and sewer services are connected to the mobile home. This property offers a unique blend of commercial and residential income streams, making it an attractive investment for entrepreneurs seeking a well-established business with significant growth potential. The asking price is $270,000. This is a rare opportunity to acquire a thriving business with existing infrastructure and immediate income generation. Don't miss out on this exceptional chance to own a piece of Onalaska's commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction WOOD
Total area 2,140 SF
Lot 0.49 ac (21,344 SF)
APN 32778003000
UPID US90-1794124

Cap rate & NOI

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

Location

1819 State Hwy 508 Onalaska, WA 98570-9636
Onalaska metro Census 971800 CENTRALIA, WA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2010
3 recorded transactions
2010
$50,000
2010
Price N/A
2009
$45,000

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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