4015 Pacific Way, Seaview, WA 98644-4210
This exceptional commercial property, located at 4015 Pacific Wy SW in Seaview, Washington, 98644, presents a unique investment opportunity. The 12,870 square foot lot boasts a prime location on the busy Pacific Highway, ensuring high visibility and accessibility. The property features over 3,000 square feet of completely asphalted space, previously utilized as an auto shop, RV repair facility, auto/RV parts store, and beauty salon. Recent renovations have added a commercial kitchen and living areas, significantly expanding its potential uses. This versatility allows for a wide range of possibilities, including conversion into vacation rentals, apartments, offices, or a return to its previous uses. The asking price of $590,000 translates to an attractive price per square foot of $183, making this a compelling value proposition. The property's size and location, combined with its recent upgrades, make it an ideal investment for entrepreneurs and developers seeking a high-impact commercial space in a thriving area. The property is ready for immediate occupancy and offers significant upside potential for future development or expansion. This is a rare opportunity to acquire a well-situated, versatile commercial property in a desirable location.
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Caro RV Parts Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.