102 Main St $649,000

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    102 Main St Cathlamet, WA 98612

    • 0.20 Acres
    • Commercial/Industrial
    Listing# 1475842 | Active
    Days On Market: 119 1 Views
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    Property Details

    Great investment opportunity in downtown Cathlamet. Eleven possible office/retail spaces and a penthouse apartment with 1750 S.F. and spectacular views of the Columbia River, local islands and all the way over to the Oregon Mountains. All of the downtown area available in two minute walk. Walk to the Marina or onto Puget Island in minutes. This is a great opportunity to live and operate your business all from one spot. 6% cap rate and many settled businesses with leases.

    • General Features
      • County Wahkiakum
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 8,132
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 6,432
      • Total Uncovered Parking 8
      • Total Covered Parking 0
    • Building Features
      • Exterior Wood Products
      • Foundation Poured Concrete
      • Roof Composition
      • Floor Covering Vinyl, Wall-to-Wall Carpet
      • Features Signage Included, Sprinklered, Storage
      • Heating and Cooling Wall
    • Property Features
      • Lot Square Footage 8,900
      • Depth of Lot 240
      • Site Frontage 90
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 8580
      • Sewer Sewer Connected
      • Sewer Company City
      • Energy Source Electric
      • Power Company PUD
      • Number of Available Pads 0
    • Financials
      • Free and Clear Y
      • Vacancy Rate 0
      • Total SqFt Rented 6,106
      • Total Monthly Rent $5,265
      • Gross Rent Multiplier 10
      • Cap Rate -NOI div LP 6.12
      • Gross Scheduled Income $65,580
      • Gross Adjusted Income $63,180
      • Total Expenses $23,402
      • NOI $39,778
      • Electrical Expenses $1,200
      • Tax Expense $4,707
      • Heating Expense $0
      • Insurance Expense $1,915
      • Annual Assoc. Dues $0
      • Other Expenses $7,000
      • Tax Year 2019

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    Neighborhood

    98612 (Cathlamet) Demographics

    52Median Age
    35Population Density (per sq. mile)
    24%College Educated
    $49,779 Estimated Median Income
    878Estimated Total Home Owners
    251Estimated Total Renters
    78% / 22%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    2,676Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $190,500 Median Sales Price
    4 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $649,000
        6/16/2019 11:41:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.