110 W Market St $990,000

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    110 W Market St Aberdeen, WA 98520

    • 0.45 Acres
    • Commercial/Industrial
    Listing# 696112 | Active
    Days On Market: 1855 17 Views
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    Property Details

    Multi-tenant office/commercial building in the CBD of Aberdeen. Good proximity to major banks, post office, etc. Cap rate based on actual 2017 income/expense is 8.55 % with current vacancies. Nice street appeal, and welcoming interior courtyard, make it a good choice for tenants desiring a professional atmosphere. Roof was recovered in 2013, and four heat pump units were replaced in 2007. Converted to office use in 1979.

    • General Features
      • County Grays Harbor
      • Zoning Class Business, Commercial, Office, Retail
      • Zoning Jurisdiction City
      • Style 61-Comm Bldg Ovr 10K
      • Approx Building SqFt 24,618
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 16,674
      • Total Uncovered Parking 14
      • Total Covered Parking 0
      • Lot Dimensions 150 x 130
    • Building Features
      • Exterior Brick, Cement/Concrete
      • Foundation Poured Concrete
      • Roof Torch Down
      • Floor Covering Concrete, Vinyl
      • Features Elevator
      • Heating and Cooling Heat Pump
    • Property Features
      • Lot Square Footage 19,500
      • Depth of Lot 130
      • Site Frontage 150
      • Water-Sewer-Garbage 9112
      • Sewer Sewer Connected
      • Sewer Company City of Aberdeen
      • Energy Source Electric
      • Power Company Grays Harbor PUD
      • Number of Available Pads 0
    • Financials
      • Free and Clear N
      • Vacancy Rate 12
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 5
      • Cap Rate -NOI div LP 8.55
      • Gross Scheduled Income $196,371
      • Gross Adjusted Income $173,506
      • Total Expenses $88,863
      • NOI $84,643
      • Electrical Expenses $26,233
      • Tax Expense $16,087
      • Heating Expense $0
      • Insurance Expense $13,296
      • Annual Assoc. Dues $0
      • Other Expenses $21,557
      • Tax Year 2017

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    Neighborhood

    98520 (Aberdeen) Demographics

    39Median Age
    100Population Density (per sq. mile)
    25%College Educated
    $43,967 Estimated Median Income
    4,947Estimated Total Home Owners
    3,155Estimated Total Renters
    61% / 39%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    23,904Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $182,000 Median Sales Price
    30 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: $990,000
        9/16/2014 12:29:00 PM 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.