17490 W Shelton-Matlock Rd $745,000

    Close

    17490 W Shelton-Matlock Rd Matlock, WA 98560

    • 2.00 Acres
    • Commercial/Industrial
    Listing# 1396695 | Active

    $745,000

    Request Info
    Days On Market: 259 4 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    Investment Opportunity! 13.42% Cap Rate Anchor Grocery Store, United States Post Office, Gas Station, Storage units, and residential rental = multiple streams of income from 1 property. Live in house and run the property yourself or use existing employees. Property has room to expand as area grows.

    • General Features
      • County Mason
      • Zoning Class Business, Commercial, Office, Retail, See Remarks
      • Zoning Jurisdiction County
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 6,925
      • Approx Whse/Mfg SqFt 3,566
      • Approx Office SqFt 3,359
      • Total Uncovered Parking 30
      • Total Covered Parking 0
      • Lot Dimensions 198x306x355x415
    • Building Features
      • Floor Covering Concrete, Vinyl
      • Features Leased Fixtures, Signage Included, Storage
      • Heating and Cooling Forced Air, Heat Pump
    • Property Features
      • Lot Square Footage 87,120
      • Depth of Lot 300
      • Site Frontage 198
      • Expansion Area Y
      • Environment Survey N
      • Water-Sewer-Garbage 1155
      • Sewer Septic
      • Sewer Company Septic
      • Energy Source Electric, Propane
      • Power Company PUD 3
      • Number of Available Pads 0
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 4,166
      • Total Monthly Rent $4,721
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 9.3
      • Gross Scheduled Income $434,232
      • Gross Adjusted Income $434,232
      • Total Expenses $369,945
      • NOI $64,287
      • Electrical Expenses $11,477
      • Tax Expense $4,119
      • Heating Expense $0
      • Insurance Expense $7,920
      • Annual Assoc. Dues $0
      • Other Expenses $345,274
      • Tax Year 2018

    Contact

    Neighborhood

    98560 (Matlock) Demographics

    43Median Age
    3Population Density (per sq. mile)
    32%College Educated
    $53,750 Estimated Median Income
    73Estimated Total Home Owners
    0Estimated Total Renters
    100% / 0%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    180Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $745,000
    9/10/2019 3:41:33 PM Price Reduced Source New Value: $745,000 -35.22%
    1/3/2019 4:31:00 PM New in Database Source New Value: $1,150,000

    Payment Calculator

    $0 per month
    Year Fixed, Interest
    Principal and Interest
    $0
    Property Taxes
    Homeowners' Insurance

    Home Price
    Down Payment

    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.