Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight