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112 1st Ave S 3,500 SF 100% Leased Retail Building Ilwaco, WA 98624 $595,000 ($170/SF)
Investment Highlights
- Multi-unit property
- Commercial spaces, each with their own bathrooms and entrance.
- 5 bathrooms, 4 spaces, and 2 bed, 2 bath residential apartment
Executive Summary
Investor's dream come true in awakening community. Work, live, invest and love the endless possibilities of this perfect multi-unit property setting at the gateway to the Pacific Ocean, national parks, and Port of Ilwaco. 5 bathrooms, 4 spaces, and 2 bed, 2 bath residential apartment can be vacation rented or your live in space as you sit above 3 separate commercial spaces, each with their own bathrooms and entrance. The whole building has been updated over the last 10 years. The refinished fir floors are a stunning feature to the modern touches of the newer kitchen living spaces, and laundry room. This property is turnkey. Come view today! Apartment furnishings available as a package outside of escrow, less artwork.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,500 SF
Building Class
B
Year Built/Renovated
1944/2015
Price
$595,000
Price Per SF
$170
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.40
Lot Size
0.06 AC
Zoning
UGA - Commercial
Frontage
25’ on 1st Ave
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 10113342017 | Total Assessment | $255,000 |
| Land Assessment | $50,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $204,600 | Tax Year | 2026 |
Property Taxes
Parcel Number
10113342017
Land Assessment
$50,400
Improvements Assessment
$204,600
Total Assessment
$255,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Videos
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Photos
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112 1st Ave S
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