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Village Winlock 202 NE 1st 5,975 SF 60% Leased Retail Building Winlock, WA 98596 $409,900 ($68.60/SF) 7.70% Cap Rate

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EXECUTIVE SUMMARY

Seize this rare opportunity to own a well-positioned, income-generating property in charming downtown Winlock. Spanning nearly 6,000 square feet, this mixed-use building is anchored by a long-term tenant on the ground floor w/ 2 ADA restrooms, ensuring stable, immediate returns. The upper level houses six studio offices w/ flexible leasing potential - ideal for freelancers, consultants, or boutique professionals seeking small office space in a centralized location. With its high visibility & flexible layout, this property is perfect for investors seeking a turn-key asset or entrepreneurs looking to expand. Don't miss this chance to own a cornerstone property in an area experiencing significant growth & planned future expansion!

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $2,537 $0.61
Other Income $100 $0.02
Vacancy Loss - -
Effective Gross Income $2,637 $0.64
Taxes - -
Operating Expenses - -
Total Expenses $861 $0.21
Net Operating Income $1,776 $0.43

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual $2,537
Annual Per SF $0.61
Other Income
Annual $100
Annual Per SF $0.02
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $2,637
Annual Per SF $0.64
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $861
Annual Per SF $0.21
Net Operating Income
Annual $1,776
Annual Per SF $0.43

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,975 SF
Building Class
C
Year Built/Renovated
1915/2005
Price
$409,900
Price Per SF
$68.60
Cap Rate
7.70%
NOI
$31,562
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.71
Lot Size
0.08 AC
Zoning
C1
Frontage
48’ on NE 1st St

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Roof Terrace
  • Air Conditioning
  • Fiber Optic Internet

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Sahara Pizza
  • Accommodation and Food Services
  • 2,988 SF
  • -
  • Plus Electric and Cleaning
  • Dec 2029
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Sahara Pizza Accommodation and Food Services 2,988 SF - Plus Electric and Cleaning Dec 2029

NEARBY MAJOR RETAILERS

IGA
Columbia Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005907-000-000
Land Assessment
$21,000
Improvements Assessment
$194,500
Total Assessment
$215,500
  • Listing ID: 38695917

  • Date on Market: 12/8/2025

  • Last Updated:

  • Address: 202 NE 1st, Winlock, WA 98596

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