3 Porter Crk Rd Elma, WA 98541-9204
This unique investment opportunity encompasses a significant piece of Elma, WA history: the Porter Bar. Strategically located on Highway 12, this property boasts high traffic counts, ensuring excellent visibility and potential for a thriving business. The sale includes twelve parcels of land, a combination of vacant land and existing structures, including the historic Porter Bar and a former grocery store. This presents a rare chance to acquire a substantial commercial holding with diverse development possibilities. The property's prime location on a major highway offers exceptional exposure to a large customer base. The existing buildings provide a solid foundation for renovation or redevelopment, allowing for creative adaptation to suit a variety of commercial ventures. The substantial acreage offers ample space for expansion or additional development. Buyers are responsible for independently verifying lot sizes, property boundaries, zoning regulations, and any applicable use restrictions. This is a remarkable opportunity for an investor seeking a large-scale project with significant upside potential. Owner financing is available with a 20% down payment, making this an accessible investment for qualified buyers. Don't miss this chance to own a piece of Elma's rich history and shape its future. The property's potential is limited only by your imagination.
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
G1 · Elma, WACosts & 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.