722 2nd St Aberdeen, WA 98520-4803
This exceptional commercial property, situated on a 0.15-acre corner lot at 722 W 2nd Street in Aberdeen, WA, presents a compelling investment opportunity. Boasting a total of approximately 4476 square feet, the building offers a high-traffic location within the Aberdeen Business District, benefiting from excellent visibility and accessibility. The property features a spacious reception area with ample seating, large open offices easily adaptable to various configurations (including space for approximately four workstations), and a wide hallway leading to a substantial 2000 square foot warehouse. Two restrooms are conveniently located within the building. Parking is available for approximately five vehicles in the rear, supplemented by convenient street parking for customers. The building benefits from significant recent upgrades, including a combination gas and electric heat pump installed in 2016 and a TPO roof replacement in 2019, ensuring efficient operation and long-term value. Previously leased to a national company, this property is now available for immediate occupancy, offering a blank canvas for a diverse range of commercial ventures. Its prime location and substantial size make it an ideal investment for discerning buyers seeking a strong foothold in the Aberdeen market. The property's robust infrastructure and recent upgrades minimize immediate capital expenditure needs, maximizing return on investment.
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
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.