601 W Railroad Avenue, Shelton, WA 98584

Active

601 W Railroad Avenue, Shelton, WA 98584


Courtesy of: Jef Conklin | Windermere RE/Himlie
$649,500 Shelton, WA 98584
  • 0.28 Acres
  • Mason County

Key Features

  • MLS ID: 2316381
  • Year Build: 1965
  • Status: Active
  • Property Type: Commercial Sale
  • Area: 175 - Shelton
  • Exterior: ["Wood"]
  • Address: 601 W Railroad Avenue , Shelton, WA 98584
  • City: Shelton
  • State: WA
  • Zip: 98584
  • County: Mason

Description

This is a great investment opportunity in the heart of downtown Shelton, WA with a good history and with very little vacancy. Property has been well maintained and is turn key. Prime corner location with additional alley access. Zoned "Downtown" that may allow for additional expansion as onsite parking is not required under this zoning. All four suites are fully serviced and lease rates include all utilites being paid by the owner. Even being fully serviced, the Net Operating Income indicates a 6 to 7% Capitalization Rate at the asking price. The photos should speak for themselves but we are happy to arrainge "off hour" tours for you and your Broker. Easy walking to banks, post office, several good restaurants, Court House and City Hall.

Property Map

Southwest corner of 6th and Railroad - Downtown Shelton

Contact Us

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