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Listed by:On Point Real Estate • Jordan Dixon
$875,000
Est. payment /mo
1.04 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Chehalis
MLS Listing ID 2596919
Style 60 - Comm Bldg Und 10K
Year Built 1935
Annual Tax Amount $3,754
Lot Size 1.040 Acres
Property Sub-Type Commercial Industrial
Property Description
Investment Opportunity! Here is a property fronting on Market Street in Chehalis that has the civil engineering complete for a Multi-Family Development and draft site plans for 15 Townhomes. Great location for rental units. Only 5-blocks to grocery store, on bus line, walking distance to large city park complex and schools. There is a 1,900 sq ft home on the site that could provide return while you are finalizing your plans and timing for construction. Seller recently had the house rented for $1,800 / month. Current price reflects work seller has or is completing that includes: demolition of metal pole building, demolition of detached garage, fill material installed and brought to grade, construction of retaining walls, GPS model is complete and paid for, Civil engineering approved and paid. Existing permits and draft plans of the proposed 15 townhouse units are available. This could be a great investment property for a sole owner or multiple investors.
Location
State WA
County Lewis
Area 430 - Chehalis
Interior
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature See Remarks
Roof Type See Remarks
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
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