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213 E Washington Street

Sequim, WA 98382
  • $1,000,000
  • STATUS: Pending Feasibility
  • ID#: 2196113
Under Contract
UPDATED: 72 min ago
$1,000,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of RE/MAX Prime.
Mortgage Calculator is provided by BoomTown.

Description

Excellent investment opportunity in ideal location, fully leased with long term tenants. High traffic along Sequim's busiest street (Washington St.) and on same block as US Post Office. Tenants: Edward Jones, Habitat for Humanity, Pedego Electric Bikes and Beal Carpet and Drapes. One tenant paying below market rent is month to month. Edward Jones has a lease until 2026, Habitat and Pedego have leases until 2028. Current Net income of $64,294. Parking lot with 14 dedicated spaces.

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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 Engel & Völkers Federal Way 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 2024-02-25T13:14:17.34. 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 2024-02-25T13:14:17.34. 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.
www.recordrre.com/homes/147193403
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213 E Washington Street Sequim, WA 98382

  • Price: $1,000,000
  • Status: Pending Feasibility
  • On Site: Days
  • Updated: 72 min ago
  • ID#: 2196113
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1940
Built
Neighborhood:
Sequim
County:
Clallam
Area:
Southeast Sequim
Property Description
Excellent investment opportunity in ideal location, fully leased with long term tenants. High traffic along Sequim's busiest street (Washington St.) and on same block as US Post Office. Tenants: Edward Jones, Habitat for Humanity, Pedego Electric Bikes and Beal Carpet and Drapes. One tenant paying below market rent is month to month. Edward Jones has a lease until 2026, Habitat and Pedego have leases until 2028. Current Net income of $64,294. Parking lot with 14 dedicated spaces.
Exterior Features

Carport YN No Covered Spaces 0 Exterior Features Cement/ConcreteWood Lot Size Dimensions 125 x 100 Open Parking YN No Parking Total 14 Roof Flat Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Building Area Total 0 Cooling Heat Pump Cooling YN Yes Fireplace YN No Flooring VinylCarpet Heating Heat Pump Heating YN Yes Interior Features Wall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 64294 Possession Tenant's Rights Possible Use Commercial Power Company Clallam PUD Power Production Type Electric Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City of Sequim Short Term Rental YN No Special Listing Conditions None Tax Annual Amount 2704 Tax Year 2021 Water Company City of Sequim Water Source Public Year Built Effective 1940 Zoning Class Commercial Zoning Jurisdiction City



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 Engel & Völkers Federal Way 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 2024-02-25T13:14:17.34. 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 2024-02-25T13:14:17.34. 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.
 
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Engel & Völkers Federal Way
2012 S. 320th St. Suite A
Federal Way WA, 98003
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of RE/MAX Prime.
Mortgage Calculator is provided by BoomTown.