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Listed by:Hood Canal Real Estate • Doug J. Hixson
$ 1,150,000
Est. payment | /mo
0.73 Acres Lot
$ 1,150,000
Est. payment | /mo
0.73 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Hoodsport
MLS Listing ID 2487454
Style 60 - Comm Bldg Und 10K
Year Built 1982
Annual Tax Amount $7,630
Lot Size 0.732 Acres
Property Sub-Type Commercial Industrial
Property Description
Excellent income/investment opportunity in growing town of Hoodsport, high traffic gateway to Hood Canal/Lake Cushman. Prominent location in center of town on N Lake Cushman Road, just off US Hwy 101. 6260 sf building divided into 4 spaces, each with its own own bathroom. Currently 3 tenants including U.S. Post Office, Dentist, General Contractor/retail and one vacant space which is being marketed now. Good opportunity for owner operator to purchase the building as long term investment and control their long term tenancy. Includes 3 parcels, building is on 2 parcels and 3rd parcel across street has septic drain field and tenant parking. 3rd parcel could become separately developable if sewer replaces septic in Hoodsport. Good roof and paint on this well built building. Property borders beautiful Finch Creek on the backside. Shown by appointment to qualified prospects, please do not disturb tenants. Considerable upside with full occupancy and next years rent increase with USPS per existing long term lease agreement. Should put the cap rent then at around 8%. Listing broker is the owner operator and has owned the building for 25 years.
Location
State WA
County Mason
Area 178 - Nw Mason County
Interior
Flooring Engineered Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Waterfront Description Creek
Roof Type Composition
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby Locations
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