Description
Excellent frontage on Market Blvd in the heart of Chehalis and near the historic downtown area. Two, long term tenants, with rent at nearly 1/3 of market rates and expired leases means the current cap rate of 4.7% could be doubled or tripled overnight. Brick facade is covered by metal siding and new, flat roof has nearly 7 years left of life. Parking spaces in front are reserved for patrons of this building only. So many different uses for these spaces to make them your own or keep the tenants and enjoy the cashflow. See it today!
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing information ©2023 Northwest MLS. Listing courtesy of Premiere Property Group, Llc.
Sold by .Description
Excellent frontage on Market Blvd in the heart of Chehalis and near the historic downtown area. Two, long term tenants, with rent at nearly 1/3 of market rates and expired leases means the current cap rate of 4.7% could be doubled or tripled overnight. Brick facade is covered by metal siding and new, flat roof has nearly 7 years left of life. Parking spaces in front are reserved for patrons of this building only. So many different uses for these spaces to make them your own or keep the tenants and enjoy the cashflow. See it today!
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 Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-22T11:14:18.283. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-03-22T11:14:18.283. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.