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717 Yelm Ave E
Yelm, WA 98597

  • $1,995,000
  • STATUS: Active
  • ON SITE: 166 days
  • ID#: 1040785
UPDATED: 25 min ago
$1,995,000
  • 0
    BEDS
  • 2.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Listing Courtesy of Yelm Real Estate.

Description

DIVERSITY w/this close to turn-key, PRIME location, HIGH visibility and Signage, 7,300 sq. ft restaurant (formerly Arnold's Country Inn) w/full service bar and banquet room, 76 mini-storage units(cash cow), and SFR 3 bedroom rental all on 2.14 C-1 acres w/room for expansion! Restaurant fully cleaned, landscaped, ready to go. Equipment included. All buildings/rental/units in good shape. Investment w good cap rate when fully leased. All financials on file w/LB. Mt. Rainier view to boot!

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 2017-03-27T20:16:30.79.

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www.home4investment.com/homes/67227699

717 Yelm Ave E Yelm, WA 98597

  • Price: $1,995,000
  • Status: Active
  • Updated: 25 min ago
  • ID#: 1040785
0
Beds
0
Baths
0
½ Baths
2.15
Acres
1977
Built
Neighborhood:
Yelm
County:
Thurston
Area:
Yelm/Rainier
Property Description
DIVERSITY w/this close to turn-key, PRIME location, HIGH visibility and Signage, 7,300 sq. ft restaurant (formerly Arnold's Country Inn) w/full service bar and banquet room, 76 mini-storage units(cash cow), and SFR 3 bedroom rental all on 2.14 C-1 acres w/room for expansion! Restaurant fully cleaned, landscaped, ready to go. Equipment included. All buildings/rental/units in good shape. Investment w good cap rate when fully leased. All financials on file w/LB. Mt. Rainier view to boot!
Exterior Features

Building Condition Good Exterior Wood Foundation Poured Concrete Lot Depth 347 Lot Topography And Vegetation Level Roof Composition Site Frontage 90 Style 75 - Retail Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

Interior Features

Building Sq Ft 14237 Floor Covering Ceramic TileConcreteWall to Wall Carpet Heating And Cooling Forced AirHeat Pump Office Sq Ft 0 Total Sq Ft Rented 15413

Property Features

Assessed Value Improvements 900700 Assessed Value Land 756250 Assessed Value Total 1656000 Assessed Value Year 2016 Available Pads 0 Bank Owned No Boundary Survey 6.00 Cap Rate Y Commercial Features Disabled AccessSignage IncludedStorage Electrical Expenses 0 Energy Source Electric Environment Survey N EPSEnergy 0 Expansion Area Y Form17 Provided Free And Clear Y General Zoning Classification CommercialResidentialRetailSee Remarks Gross Adjusted Income 158000 Gross Rent Multiplier 11 Gross Scheduled Income 180650 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 6104 Lot Number 2 Net Operating Income 119445 Other Expenses 5882 Pad Ready N Possession Closing Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Yelm Tax Amount 22980 Tax Year 2016 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 15000 Vacancy Rate 0 Water Company City Of Yelm 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 2017-03-27T20:16:30.79.

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 Yelm Real Estate.