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    OFF-MARKET
    Retail space

    415 1st St, Winlock, WA 98596

    672 SF 0.06 ac lot Built 1915
    Individually Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US90-2562900
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Winlock, WA, presents two adjacent city lots totaling 0.06 acres with an impressive three-street frontage on NE 1st Street and Fir Street. The property includes a 672 square foot commercial building, ideally suited for a variety of uses, including the potential for a drive-through service. The building's strategic positioning maximizes visibility and accessibility. The property's configuration offers significant flexibility. Lot 1 (Parcel 005-894-000-000), encompassing 2,614 square feet, houses the existing commercial building and benefits from frontage on both NE 1st Street and Fir Street. Lot 2 (Parcel 005-894-001-000), also measuring 2,614 square feet, is a vacant lot located behind the building, providing additional space for expansion or independent development. This unique combination of existing structure and ample land presents a rare opportunity for investors seeking a strong foothold in a growing market. The property is priced at $224,900 and is available for viewing by appointment only. This is a chance to acquire a versatile commercial property with significant upside potential. Don't miss this opportunity to secure a prime location in Winlock.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1915
    Construction WOOD
    Total area 672 SF
    Lot 0.06 ac (2,614 SF)
    APN 5894000000
    UPID US90-2562900
    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
    • Winlock Dance Center Training Center
    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
    Robin Brumley · 7 yrs held
    Robin Brumley
    since 2019
    2 recorded transactions
    2019
    $68,678
    2019
    $46,994
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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