319 Main St Elma, WA 98541-9294
This exceptional commercial property, located at 319 W Main Street in Elma, Washington, presents a unique investment opportunity. Boasting a substantial 3,712 square feet of space, the building offers a captivating blend of history and modern functionality. The property's prime Main Street location ensures high visibility and foot traffic, providing excellent potential for a variety of commercial ventures. The interior features a large open area, perfect for adaptable layouts, complemented by multiple smaller rooms offering versatile usage options. A convenient bathroom is included, along with ample storage space located both in the basement and within the main building's utility areas. The building's strategic location offers easy access to the highway, enhancing its accessibility and appeal to both customers and employees. This property represents a rare chance to acquire a piece of Elma's rich history while capitalizing on its promising commercial potential. The asking price is $369,000. The property sits on a lot with zero acres. This is a general commercial property. Serious inquiries are encouraged.
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.