314 Academy St, Kelso, WA 98626
For Sale
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This exceptional commercial property, located at 314 Academy Street in the heart of downtown Kelso, Washington, presents a unique investment opportunity. The building offers a total of 8,000 square feet of space, strategically divided over two floors, maximizing functionality and potential. The ground floor encompasses approximately 4,000 square feet, featuring a spacious open work area ideal for various business types. Two private offices or conference rooms provide dedicated spaces for meetings and individual work, while a convenient kitchen adds to the practicality of the space. Abundant natural light floods the ground floor, creating a bright and welcoming atmosphere. The lower level, also approximately 4,000 square feet, offers a flexible layout with partially framed offices. This area presents a blank canvas for customization, allowing a new owner to tailor the space to their specific business needs and vision. The building's prime downtown location ensures high visibility and excellent signage opportunities, attracting significant foot traffic and enhancing brand recognition. The property's proximity to numerous amenities further enhances its appeal and convenience. This is a rare opportunity to acquire a substantial commercial building in a thriving downtown area, offering significant potential for growth and return on investment. The asking price is $498,000.
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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.