216 Marcy Ave Montesano, WA 98563-3617
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.