447 N 1st St $1,699,000

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    447 N 1st St Kalama, WA 98625

    • 0.26 Acres
    • Commercial/Industrial
    Listing# 1476284 | Active
    Days On Market: 124 8 Views
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    Property Details

    Attractive and well maintained 2 story commercial building built in 2008 in downtown Kalama. I-5 visible & fully leased w/ majority of tenants leased 5-10 years. Tenants include professional businesses, salon & building industry contractors. Columbia River views on all west side spaces plus only building in Kalama w/an elevator. Includes 18 space private parking lot & digital scrolling signage. Opportunity in a growing community with new McMenimans restaurant/hotel & new retail/industrial park.

    • General Features
      • County Cowlitz
      • Approx Building SqFt 9,975
      • Approx Office SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Commercial
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 18
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Stone, Stucco
      • Roof Flat
      • Floor Covering Ceramic Tile, Wall-to-Wall Carpet
      • Features Elevator, Signage Included
      • Heating and Cooling Heat Pump
    • Property Features
      • Depth of Lot 0
      • Site Frontage 75
      • Water-Sewer-Garbage 5520
      • Sewer Sewer Connected
      • Sewer Company City of Kalama
      • Energy Source Electric, Natural Gas
      • Number of Available Pads 0
      • Lot Square Footage 11,340
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 9,833
      • Total Monthly Rent $11,350
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $136,200
      • Gross Adjusted Income $0
      • Total Expenses $28,616
      • NOI $107,584
      • Electrical Expenses $2,200
      • Tax Expense $9,861
      • Heating Expense $0
      • Insurance Expense $3,996
      • Other Expenses $6,900
      • Tax Year 2019
      • Annual Assoc. Dues $0

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    Neighborhood

    98625 (Kalama) Demographics

    43Median Age
    85Population Density (per sq. mile)
    24%College Educated
    $62,091 Estimated Median Income
    1,961Estimated Total Home Owners
    524Estimated Total Renters
    79% / 21%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    6,846Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $644,450 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: $1,699,000
        8/13/2019 4:31:25 PM Price Reduced Source New Value: $1,699,000 -2.91%
        6/20/2019 2:21:00 PM New in Database Source New Value: $1,750,000

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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.