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    FOR SALE
    Office buildings

    314 Academy St, Kelso, WA 98626

    4,000 SF Built 1951
    Individually Owned 9-yr Hold Free & Clear
    Property ID
    US90-1238301
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1951
    Total area 4,000 SF
    APN 20121
    UPID US90-1238301
    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
    Current use
    Occupant on record · Public records
    • Cowlitz County Republican Party Advocacy Group Volunteer Organization
    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
    by Request
    Owner & transaction history
    Chris Siegrist · 9 yrs held
    Chris Siegrist
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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