563 N Market Blvd

    Chehalis, WA 98532
    • $300,000
    • STATUS: Pending
    • ON SITE: 13 days
    • ID#: 1482329
    Under Contract
    UPDATED: 16 min ago
    $300,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Re/Max Northwest Realtors.

    Description

    Priced below assessed value, this historic three-story building in downtown Chehalis offers a great investment opportunity. Currently a retail space for Furniture World. The tenant pays a modified gross lease of $4000 per month. There are two above-ground floors plus mezzanine level, plus a full basement. Located on the downtown business corridor this building offers exceptional exposure in the vibrant mid-sized town.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Northwest Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-17T16:17:34.25.

    www.canterwood.com/homes/96541300

    563 N Market Blvd Chehalis, WA 98532

    • Price: $300,000
    • Status: Pending
    • Updated: 16 min ago
    • ID#: 1482329
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1946
    Built
    Neighborhood:
    Chehalis
    County:
    Lewis
    Area:
    Chehalis
    Property Description
    Priced below assessed value, this historic three-story building in downtown Chehalis offers a great investment opportunity. Currently a retail space for Furniture World. The tenant pays a modified gross lease of $4000 per month. There are two above-ground floors plus mezzanine level, plus a full basement. Located on the downtown business corridor this building offers exceptional exposure in the vibrant mid-sized town.
    Exterior Features

    Exterior Brick Foundation Poured Concrete Lot Depth 0 Lot Topography And Vegetation Level Roof Flat Site Frontage 0 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 21166 Office Sq Ft 0 Total Sq Ft Rented 21166

    Property Features

    Assessed Value Improvements 230000 Assessed Value Land 119800 Assessed Value Total 349800 Assessed Value Year 2029 Available Pads 0 Bank Owned No Boundary Survey 12.00 Electrical Expenses 0 Energy Source Natural Gas EPSEnergy 0 Form17 Provided Free And Clear Y General Zoning Classification Commercial Gross Adjusted Income 48000 Gross Rent Multiplier 6 Gross Scheduled Income 48000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1000 Net Operating Income 35454 Other Expenses 8000 Possession ClosingSub. Tenant's Rights Power Company City Of Chehalis Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Chehalis Tax Amount 3546 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 12546 Total Expenses TEX 12546 Total Monthly Rent 4000 Vacancy Rate 0 Water Company City Of Chehalis Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Berkshire Hathaway HomeServices Northwest Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Northwest Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-17T16:17:34.25.

     
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    Listing Courtesy of Re/Max Northwest Realtors.