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Property profile & analytics

511 J St Hoquiam, WA 98550-3617

  • Bed & breakfasts
  • 7,568 SF
  • 0.17 lot acres
OFF-MARKET
Value Estimations
$365,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US90-1213820
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bed & breakfasts

Property Details for 511 J St

Year built
1923
Construction
STEEL FRAME
Lot size
0.17 lot acres
Property size
7,568 SF
Property type
Bed & breakfasts
APN
51803500500
APU
51803500500

Description

This exceptional 7,568-square-foot, three-story commercial building located at 511 J Street in Hoquiam, Washington, presents a unique investment opportunity. Situated in the C-2 zone, this historic structure has undergone a complete revitalization, boasting a newer foundation, siding, roof, gutters, and plumbing. The interior features 15-foot ceilings, an elevator lift, and intriguing hidden doors, adding to its character and potential. The current design showcases custom bohemian-style spaces, crafted by a local artisan recycler, offering a distinctive aesthetic. Finished spaces include an entryway, common room, stairwell, two bathrooms, an office, utility room, shop room, storage room, three bedrooms, and an open-concept apartment with a kitchen and living loft. The building's versatile layout allows for a multitude of uses. Potential uses include, but are not limited to, a spa, detox center, Airbnb, hotel, multi-family home, or even a private residence. With the potential for seven bedrooms and six bathrooms, along with additional common areas and the possibility of finishing the attic, this property offers significant expansion opportunities. The asking price is $450,000. This is a rare chance to acquire a beautifully restored historic building with immense potential in a desirable location. The property sits on a 0-acre lot.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $280,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $485,000
    6.5%
    $450,000
    7%
    $415,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hoquiam
County
Grays Harbor
State
Washington
Longitude
-123.888
Latitude
46.9788
CBSA code
10140
CBSA name
ABERDEEN, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,427
$31,875
$284,901
$316,776
-
$31,875
$284,901
$316,776
More about this property
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