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Property profile & analytics
OFF-MARKET
Retail space

319 Main St Elma, WA 98541-9294

3,712 SF 0.1 ac lot Built 1921
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US90-0358670
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1921
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,712 SF
Lot 0.1 ac (4,356 SF)
APN 43000300301
UPID US90-0358670
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Philip Baldy · 3 yrs held
Philip Baldy
since 2023
Last sale
$131,500
6 recorded transactions
2023
Price N/A
2021
$131,500
2010
Price N/A
2010
Price N/A
2006
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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