Bought with Realty World Cosser & Assoc.
$470,000
$499,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 04/28/2022
Key Details
Sold Price $470,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Morton
MLS Listing ID 1883886
Sold Date 04/28/22
Style 61 - Comm Bldg Ovr 10K
Year Built 1921
Annual Tax Amount $2,840
Lot Size 7,405 Sqft
Lot Dimensions 50X100
Property Sub-Type Commercial Industrial
Property Description
INVESTOR'S OPPORTUNITY!!!! This 13,000 sq ft, two-story building takes up an entire city block in the City of Morton, WA. Not only does this building have a lot of historical history but contains a total of 15 units. Upstairs has 9 apartments (8 have been renovated). Downstairs you will find 6 retail offices currently being used and bringing in consistent income. (around $6,150 a month with an 8.2% cap rate.) The retailers include the following: Chiropractor office, barbershop, 2 storage areas, a tattoo parlor, and a dog groomer. Don't delay on this one-of-a-kind opportunity!
Location
State WA
County Lewis
Area 436 - Morton
Interior
Interior Features Concrete, Hardwood, Wall to Wall Carpet, Laminate Hardwood
Flooring Concrete, Hardwood, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Stucco, Wood Products
Utilities Available Sewer Connected, Electric
Roof Type Flat,See Remarks
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing, See Remarks
Listing Terms Cash Out, Conventional, Owner Financing, See Remarks
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