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    OFF-MARKET
    Medical Office Space

    312 2nd St, Wapato, WA 98951-1110

    4,888 SF 0.27 ac lot Built 1935
    Individually Owned 26-yr Hold ~ Est. High Equity
    Property ID
    US90-1245704
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 312 W 2nd St in Wapato, WA, presents a fantastic investment opportunity. The building boasts a generous 4,000 square feet of versatile space, ideal for a variety of commercial uses. Situated on a sizable 0.27-acre lot, the property offers ample room for expansion, parking, or outdoor activities. The asking price is $286,000, representing a compelling value in the current market. The property's prime location in Wapato provides excellent visibility and accessibility, making it an attractive option for businesses seeking a strong foothold in the community. The building's substantial size and flexible layout allow for customization to suit diverse business needs. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area. Serious inquiries are encouraged to explore the potential of this exceptional investment. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to secure a valuable asset in a dynamic market. Further details and viewing arrangements can be made upon request. This property is being offered as-is.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1935
    Construction WOOD
    Total area 4,888 SF
    Lot 0.27 ac (11,761 SF)
    Zoning code BCOM
    APN 191115-12413
    UPID US90-1245704
    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
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    Owner & transaction history
    Merit Resource Services · 26 yrs held
    Merit Resource Services
    since 1999
    Last sale
    $262,500
    1 recorded transaction
    1999
    $55,000
    Zoning & alternative use
    BCOM · Wapato, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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