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    OFF-MARKET
    Office buildings

    4200 Spirit Lk Hwy, Silverlake, WA 98645-9796

    1,374 SF 0.47 ac lot Built 1955
    Individually Owned 20-yr Hold ~ Est. High Equity
    Property ID
    US90-3299948
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 4200 Spirit Lake Highway in Silverlake, WA, presents a unique investment opportunity. The 1,374 square foot building boasts a versatile layout perfect for a variety of businesses. Enjoy breathtaking views of Silverlake and Mount St. Helens from this updated office space. The interior features a flexible floor plan including a small kitchen area, a dedicated meeting room, and a spacious open workspace, providing ample room for employees and clients. The property sits on a 0.47-acre lot, offering a compact parking area with potential for expansion to accommodate future growth. Its prime location ensures high visibility, benefiting from both local and tourist traffic. The property is offered at $367,000 and includes existing signage, making it ready for immediate occupancy. Whether you're seeking to establish a new business or relocate an existing one, this property offers a turnkey solution in a picturesque setting. The combination of stunning views, convenient amenities, and a desirable location makes this an exceptional opportunity for a discerning buyer. This is a rare chance to own a well-maintained, updated commercial space in a highly sought-after area.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1955
    Total area 1,374 SF
    Lot 0.47 ac (20,473 SF)
    APN WG2603007
    UPID US90-3299948
    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
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    Owner & transaction history
    Claudia M Hunter · 20 yrs held
    Claudia M Hunter
    since 2005
    2 recorded transactions
    2005
    $183,857
    2004
    $45,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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