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Listed by:Northfork Realty • Allyn Clevenger
$ 450,000
Est. payment | /mo
10,200 Sqft Lot
$ 450,000
Est. payment | /mo
10,200 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision South Bend
MLS Listing ID 2515911
Style 75 - Retail
Year Built 1920
Lot Size 10,200 Sqft
Property Sub-Type Commercial Industrial
Property Description
This versatile commercial/residential building located in downtown South Bend, WA presents an excellent investment opportunity for those looking to diversify their portfolio. The property features 3 apartments on the second floor, offering a blend of residential comfort and commercial/retail potential. The residential units consist of 2 spacious two-bedroom, one-bath apartments and one cozy one-bedroom, one-bath apartment that provides a more intimate and manageable living space. Two units upstairs and main floor commercial area are currently occupied with long-term tenants. One standout feature of this property is the breathtaking view of the Willapa River and easy access to quaint historical downtown South Bend. This property benefits from a steady demand for both commercial and residential spaces all year long. The ground floor's commercial potential allows for various business opportunities, while the upper-floor apartments generate consistent rental income. This combination makes the building a well-rounded asset for investors seeking both immediate cash flow and long-term appreciation. Whether you are an experienced investor or new to the market, this property offers a unique chance to own a multifaceted building in a prime location with promising returns.
Location
State WA
County Pacific
Area 211 - South Bend
Interior
Fireplace false
Exterior
Waterfront Description River
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOL & BUSINESS