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1068 Market Blvd 2,810 SF Office Building Chehalis, WA 98532 $597,500 ($212.63/SF)
Investment Highlights
- Proximity to I-5 and regional thoroughfares ensures excellent connectivity for clients and employees.
- Highly visible corner location along S Market Boulevard with consistent traffic flow just steps from Chehalis retail and services.
Executive Summary
Great corner lot commercial location high visibility and traffic count. With commercial property growing in demand and getting harder to find, this site is an unusual find. Over 2200 sq ft of usable space and buildings are in excellent condition, along with a rare, 13 off street parking spaces. Recent work includes new roof in 25', new heat pump in 25', new extensive lighting upgrade 22' and new paint in 24'. Main building is charming 1400 sq ft home built in 1935 and converted to office space with reception area, 2 offices, kitchen, conference room/office and a bathroom while retaining many of the attractive features from the period. There is also a 650 sq ft basement currently used for storage. Second building was constructed in 2006, comprised of 4 offices, a bathroom and hall storage.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
2,810 SF
Building Class
C
Year Built
1935
Price
$597,500
Price Per SF
$212.63
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,810 SF
Building FAR
0.28
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CG
Parking
12 Spaces (4.27 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 005420-000-000 | Improvements Assessment | $236,500 |
| Land Assessment | $181,400 | Total Assessment | $417,900 |
Property Taxes
Parcel Number
005420-000-000
Land Assessment
$181,400
Improvements Assessment
$236,500
Total Assessment
$417,900
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1068 Market Blvd
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