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Carson, Washington

Carson, Washington

Asking Price: $575,000 | 5.4% Cap Rate

Type: Real Estate Investment

Size: 5,250 sqft. | 1 acre

- Full description below -
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Carson, Washington

 

🌄 YOUR GATEWAY TO OUTDOOR PARADISE 🌄

Step into a unique investment opportunity that puts you on the main route to the stunning wilderness areas of Mt. St. Helens and Mt. Rainier! This property boasts two buildings, one of which is occupied, and offers incredible potential for rental upside. Nestled in Skamania County, this historical Grange Hall and gym are ready for a new owner to seize their potential.

🏢 PROPERTY HIGHLIGHTS 🏢

  • Prime Location: On Major Access to Mt. St. Helens and Mt. Rainier Wilderness Areas
  • Drive-Through ATM Kiosk and Window
  • Two Buildings Available
  • Rental Upside Potential

🏢 EXECUTIVE SUMMARY 🏢

The Grange Hall:

  • Fully Remodeled in 2011
  • Radiant Floor and Backup Heating/Cooling
  • New Roof, Electrical, and Plumbing
  • Currently Operated by a Cannabis Business with a New 5-Year Lease
  • Commercial Kitchen
  • Separate ATM Kiosk
  • Great Patio Area for Outside Seating

The Gym Building:

  • Roof Replaced in 2011
  • Baseboard Heating
  • Opportunity for Releasing or Subleasing
  • Stage and Full ADA Ramp

🏢 FINANCIAL SUMMARY (Actual - 2022) 🏢

  • Gross Rental Income: ${Inquire Directly}
  • Total Expenses: ${Inquire Directly}
  • Net Operating Income: ${Inquire Directly}

🏢 PROPERTY DETAILS 🏢

  • Sale Type: Investment
  • Sale Condition: Deferred Maintenance
  • Property Type: Retail
  • Building Size: 5,250 SF
  • Year Built/Renovated: 1942/2011
  • Price: $575,000
  • Price Per SF: $110
  • Cap Rate: 5.40%
  • NOI: $31,050
  • Percent Leased: 100%
  • Building Height: 1 Story
  • Building FAR: 0.12
  • Land Acres: 1.00 AC
  • Opportunity Zone: Yes
  • Zoning: 39-Commercial (Most Commercial Uses Allowed)
  • Parking: 20 Spaces (3.81 Spaces per 1,000 SF Leased)
  • Frontage: 100 FT on Wind River Hwy

🏢 A WORLD OF POSSIBILITIES AWAITS 🏢

Embrace this exceptional opportunity to own a piece of history and take advantage of the bustling traffic to two of nature's most iconic destinations. With an occupied building and a wealth of untapped potential, this investment promises rental upside and the chance to become a part of a thriving community. Contact us today to unlock the possibilities that await you in Skamania County! 🏞🏢🌿

Offered exclusively by Owner or Licensed Agent/Broker

Listing # 0127

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