4200 Spirit Lk Hwy, Silverlake, WA 98645-9796
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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.