Log In/Sign Up
Your email has been sent.
213 E Washington St 6,604 SF 100% Leased Retail Building Sequim, WA 98382 $895,000 ($135.52/SF) 6.68% Cap Rate
Investment Highlights
- Main artery through Sequim
- Parking spaces
- Corner property
Executive Summary
Excellent investment opportunity in ideal location, fully leased with long term tenants. High traffic along Sequim's busiest street (Washington St.) and on same block as US Post Office. Tenants: Edward Jones, La Petite Maison, Pedego Electric Bikes and Beal Carpet and Drapes. One tenant paying below market rent is month to month. Current Net income of $59,801. Parking lot with 14 dedicated spaces.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,604 SF
Building Class
C
Year Built
1940
Price
$895,000
Price Per SF
$135.52
Cap Rate
6.68%
NOI
$59,786
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
S_C-3
Parking
14 Spaces (2.12 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Beal Carpet & Drapery
- Retailer
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Beal Carpet & Drapery | Retailer | - | - | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22447 | Total Assessment | $401,500 |
| Land Assessment | $192,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $209,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
22447
Land Assessment
$192,500
Improvements Assessment
$209,000
Total Assessment
$401,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 50
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
213 E Washington St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.