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1922 S Market Blvd
Chehalis, WA 98532

  • $225,000
  • STATUS: Active
  • ON SITE: 540 days
  • ID#: 855033
UPDATED: 48 min ago
$225,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Listing Courtesy of Re/Max Key Land Co..

Description

Two houses and an office, this is a self supporting property with a big future. It's a commercially zoned corner right on the main drag through town. We are priced way below County Assessed Value and the rents carry this property with an 8% Cap rate while you wait for development. $50K exchange-in is possible, $80K assumption is possible. Adjacent property available.

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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-24T23:15:22.02.

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www.home4investment.com/homes/56483934

1922 S Market Blvd Chehalis, WA 98532

  • Price: $225,000
  • Status: Active
  • Updated: 48 min ago
  • ID#: 855033
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1950
Built
Neighborhood:
Chehalis
County:
Lewis
Area:
Chehalis
Property Description
Two houses and an office, this is a self supporting property with a big future. It's a commercially zoned corner right on the main drag through town. We are priced way below County Assessed Value and the rents carry this property with an 8% Cap rate while you wait for development. $50K exchange-in is possible, $80K assumption is possible. Adjacent property available.
Exterior Features

Exterior Wood Products Lot Depth 225 Lot Dimensions 75X225 Lot Topography And Vegetation Sloped Roof Cedar ShakeCompositionMetal Site Frontage 70 Style 60 - Comm Bldg Und 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 20 Waterfront Footage 0

Interior Features

Building Sq Ft 2838 Floor Covering VinylWall to Wall Carpet Heating And Cooling BaseboardForced Air Office Sq Ft 848 Total Sq Ft Rented 2838

Property Features

Assessed Value Improvements 111600 Assessed Value Land 223500 Assessed Value Total 335100 Assessed Value Year 2015 Available Pads 0 Bank Owned No Boundary Survey 8.00 Commercial Features Signage Included Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided Free And Clear N General Zoning Classification CommercialResidential Gross Adjusted Income 23400 Gross Rent Multiplier 10 Gross Scheduled Income 23400 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1828 Net Operating Income 17844 Other Expenses 274 Possession ClosingSub. Tenant's Rights Power Company Lewis County Pud Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Chehalis Tax Amount 3454 Tax Year 2015 Terms Cash OutConventionalOwner Financing Third Party Approval Required None Total Expenses EXP 5556 Total Expenses TEX 5556 Total Monthly Rent 1950 Vacancy Rate 0 Water Company City Of Chehalis Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

Listing information © 2017 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 Ben Kinney Real Estate Team - Keller Williams Western Realty 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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-24T23:15:22.02.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Re/Max Key Land Co..