415 1st St, Winlock, WA 98596
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.
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Winlock Dance Center Training Center
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.