Property profile

722 2nd St Aberdeen, WA 98520

OFF-MARKET
Retail space
Property ID
US90-3230039
4,444 SF 0.15 ac lot Built 1953
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,444 SF
Lot 0.15 ac (6,534 SF)
APN 11001901300
UPID US90-3230039

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

722 2nd St Aberdeen, WA 98520-4803
Aberdeen metro Census 1000 ABERDEEN, WA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2025
Last sale
$335,000
3 recorded transactions
2025
$335,000
2008
Price N/A
2006
$223,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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