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 $61,745 (will increase to approx. $72K when last tenant is at market rent). Parking lot with 14 dedicated spaces. La Petite Maison Blanche $1650/mo lease ends 8/15/2028 1200sf , Edward Jones $2188/mo lease ends 3/31/2031 1200sf, Pedego Bikes $1815/mo lease ends 9/2028 2540sf appr., Beal Carpet $900/mo month-to-month 1300sf appr. Annual expenses total is $16,891. Per seller, all interior walls can be moved/removed to make one large space and it is the main pillars that support the structure, not the walls.
| MLS # | 2511832 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 196 |
| Listing Provided By | RE/MAX Prime | Michael McAleer |
| Units | 4 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.29 |
| Property | 3547 |
|---|
| State | WA |
|---|---|
| County | Clallam |
| City | Sequim |
| Zip Code | 98382 |
| Area | 916 Southeast Sequim |
| Community Name | Sequim |
| Listing VS Median (in Sequim) | |
Price: $895,000 low | high Med: $487,475 On site: 196 low | high Med: 63 | |
| State | WA |
|---|---|
| County | Clallam |
| City | Sequim |
| Zip Code | 98382 |
| Area | 916 Southeast Sequim |
| Community Name | Sequim |
| Listing VS Median (in Sequim) | |
Price: $895,000 low | high Med: $487,475 On site: 196 low | high Med: 63 | |