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Property profile & analytics
OFF-MARKET Estimated value $370,000
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
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k
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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