717 E Yelm Ave $1,300,000

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    717 E Yelm Ave Yelm, WA 98597

    • 2.15 Acres
    • Commercial/Industrial
    Listing# 1509366 | Pending
    Days On Market: 56 10 Views
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    Property Details

    Great 3 in 1 opportunity! Own a nearly 7500 sqft restaurant (with bar and banquet room), a fully rented 76 unit storage business and a manufactured home on 2.15 C-1 acres, right in the middle of fast growing Yelm. Ready for a restaurant owner, with instant cash flow from the storage units & home on site. Perfect for investors looking for a great ROI. Equipment included. Former restaurant tenant at 10,000 p/mo and current gross on storage units 65K/year. Lots of room for expansion!

    • General Features
      • County Thurston
      • Approx Building SqFt 14,237
      • Approx Office SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Business, Commercial, Office, Retail
      • Style 75-Retail
      • Total Covered Parking 0
      • Total Uncovered Parking 0
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Wood
      • Foundation Poured Concrete
      • Roof Composition
      • Floor Covering Ceramic Tile, Concrete, Wall-to-Wall Carpet
      • Features Signage Included, Storage
      • Heating and Cooling Forced Air, Heat Pump
      • Loading 1-3 Bays
    • Property Features
      • Depth of Lot 347
      • Site Frontage 90
      • Expansion Area Y
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City of Yelm
      • Energy Source Electric
      • Power Company PSE
      • Number of Available Pads 0
      • Lot Square Footage 93,512
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $17,040
      • Heating Expense $0
      • Insurance Expense $0
      • Other Expenses $0
      • Tax Year 2019
      • Annual Assoc. Dues $0

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    Neighborhood

    98597 (Yelm) Demographics

    35Median Age
    202Population Density (per sq. mile)
    27%College Educated
    $54,503 Estimated Median Income
    5,550Estimated Total Home Owners
    2,407Estimated Total Renters
    70% / 30%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    22,489Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $320,000 Median Sales Price
    57 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: $1,300,000
        9/21/2019 9:21:39 PM Status Changed Source New Value: Pending
        8/27/2019 4:31:00 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.