Bought with Crown Properties Management
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218 N First ST Shelton, WA 98584
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Key Details
Sold Price $325,500
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 1753734
Sold Date 11/29/21
Style 75 - Retail
Year Built 1938
Annual Tax Amount $1,800
Lot Size 3,580 Sqft
Lot Dimensions 60*60
Property Sub-Type Commercial Industrial
Property Description
Ideally located investment property with two storefronts right on First Street in Shelton with 4-apartments upstairs. This is a rare opportunity to be able to buy a great cash-flowing commercial property or to buy a building to run your business and have the apartments offset the cost of financing. This property is fully leased currently and generates around $3,775 per month in income! Long-term tenants, 5-14 years. Apt's #1, #2 & 2nd office space fully remodeled. New roof 3-yrs ago and recently upgraded windows. On bus route and Ideally located and within walking distance to just about everything downtown.
Location
State WA
County Mason
Area 175 - Shelton
Interior
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Stone, Wood
Roof Type Composition
Building
Water Public, See Remarks
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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