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    OFF-MARKET
    Retail space

    804 Morgan St, Davenport, WA 99122

    2,442 SF Built 1963
    Individually Owned Free & Clear
    Property ID
    US90-1893335
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 804 Morgan St in Davenport, WA, presents a unique investment opportunity. Boasting a prime location directly on State Highway 25, this property ensures high visibility and easy accessibility for any business. The main building offers a substantial 2,442 square feet of retail space, perfect for entrepreneurs and investors seeking a prominent storefront. Large windows along the front and side provide excellent natural light and showcase the interior. Convenient features include an overhead delivery door on both the side and rear of the building, facilitating efficient loading and unloading. Inside, you'll find three bathrooms, dedicated office spaces, and ample garage storage. Adding to the property's versatility is a 1,400 square foot attached house, offering additional living space or potential for rental income. The property sits on an oversized 0.4-acre lot, enhanced by mature trees and a picturesque creek running through it. Ample parking is available both on the corner lot and along the street, ensuring convenience for customers and employees. The total building size is 7,306 square feet. This multi-use property is ideal for a variety of commercial ventures, offering a blend of retail space, residential potential, and a desirable location. Don't miss this chance to establish or expand your business in this thriving community. The asking price is $375,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1963
    Total area 2,442 SF
    APN 309012003000
    UPID US90-1893335
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    NOT AVAILABLE FROM DATA SOURCE
    NOT AVAILABLE FROM DATA SOURCE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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