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Property profile & analytics
OFF-MARKET
Office buildings

216 Marcy Ave Montesano, WA 98563-3617

912 SF 0.23 ac lot Built 1926
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US90-0425858
Property summary
AI-generated overview

This exceptional investment opportunity in Montesano, WA, presents a prime commercial property at 216 W Marcy Avenue. The property boasts two commercial spaces ideal for retail or office use, complemented by fifteen generously sized storage/garage units, each approximately 9' x 18' and currently generating $120 monthly rent. The substantial asphalted area covers 4,665 square feet, providing ample off-street parking for tenants and customers. Its advantageous location adjacent to Fleet Park ensures high visibility and accessibility. The existing rental income presents a solid foundation for immediate return, with significant potential for increased profitability through rent adjustments. This property is a turnkey investment ready for a new owner to capitalize on its existing income stream and further enhance its value. The property is being sold as-is. Please do not disturb tenants without an accepted offer. This is a rare opportunity to acquire a well-established commercial property in a desirable location. Serious inquiries only.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1926
Construction STEEL FRAME
Total area 912 SF
Lot 0.23 ac (10,019 SF)
APN 71600401700
UPID US90-0425858
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
130 Main St Inn LLC · 4 yrs held
130 Main St Inn LLC
since 2022
Last sale
$420,000
3 recorded transactions
2022
$420,000
2020
Price N/A
2010
$155,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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