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Saw Mill & Lumberyard 98 US 101 Hwy 784,080 SF Industrial Building Hoquiam, WA 98550 $2,400,000 ($3.06/SF) 15.00% Cap Rate
INVESTMENT HIGHLIGHTS
- Ample yard and parking
- Pole mounted lights throughout property
- Fire sprinklers
EXECUTIVE SUMMARY
This is a rare opportunity to acquire a fully operational sawmill and lumber yard on a sprawling 18-acre parcel in Hoquiam, WA. Boasting industrial I-2 zoning and eight versatile buildings, including a 35,902 SF warehouse, kilns, a planer mill, and a lumber storage shed, the property is tailored for large-scale lumber operations. With ample yard space, heavy power, and easy highway access, this site offers unparalleled utility and expansion potential. Positioned in Grays Harbor, a region known for its rich timber industry heritage, this property is a prime asset for established operators or investors seeking to capitalize on a vibrant industrial market. Don’t miss this exceptional chance to own a cornerstone of the lumber business in the Pacific Northwest.
PROPERTY FACTS
| Price | $2,400,000 | Building Class | C |
| Price Per SF | $3.06 | Lot Size | 18.00 AC |
| Sale Type | Investment | Rentable Building Area | 784,080 SF |
| Cap Rate | 15.00% | No. Stories | 1 |
| Sale Condition | Sale Leaseback | Year Built | 1960 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | ||
| Zoning | I2 - I-2 Industrial District | ||
| Price | $2,400,000 |
| Price Per SF | $3.06 |
| Sale Type | Investment |
| Cap Rate | 15.00% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 18.00 AC |
| Rentable Building Area | 784,080 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Zoning | I2 - I-2 Industrial District |
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PROPERTY TAXES
| Parcel Number | 736503800001 | Improvements Assessment | $597,531 |
| Land Assessment | $540,000 | Total Assessment | $1,137,531 |
PROPERTY TAXES
Parcel Number
736503800001
Land Assessment
$540,000
Improvements Assessment
$597,531
Total Assessment
$1,137,531
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Saw Mill & Lumberyard | 98 US 101 Hwy
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