Technical
Financial
Distress signals
Property profile

216 Marcy Ave Montesano, WA 98563

OFF-MARKET
Office buildings
Property ID
US90-0425858
912 SF 0.23 ac lot Built 1926
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Location

216 Marcy Ave Montesano, WA 98563-3617
Montesano metro Census 402 ABERDEEN, WA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2022
Last sale
$420,000
3 recorded transactions
2022
$420,000
2020
Price N/A
2010
$155,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 216 Marcy Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message