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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



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
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
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
PROPERTY TAXES
| Parcel Number | 005907-000-000 | Improvements Assessment | $194,500 |
| Land Assessment | $21,000 | Total Assessment | $215,500 |
PROPERTY TAXES
Parcel Number
005907-000-000
Land Assessment
$21,000
Improvements Assessment
$194,500
Total Assessment
$215,500
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Village Winlock | 202 NE 1st
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