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Listed by:Northfork Realty • Allyn Clevenger
$450,000
Est. payment /mo
10,200 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision South Bend
MLS Listing ID 2515911
Style 75 - Retail
Year Built 1920
Lot Size 10,200 Sqft
Property Sub-Type Commercial Industrial
Property Description
This versatile commercial/residential building located in downtown South Bend, WA presents an excellent investment opportunity for those looking to diversify their portfolio. The property features 3 apartments on the second floor, offering a blend of residential comfort and commercial/retail potential. The residential units consist of 2 spacious two-bedroom, one-bath apartments and one cozy one-bedroom, one-bath apartment that provides a more intimate and manageable living space. Two units upstairs and main floor commercial area are currently occupied with long-term tenants. One standout feature of this property is the breathtaking view of the Willapa River and easy access to quaint historical downtown South Bend. This property benefits from a steady demand for both commercial and residential spaces all year long. The ground floor's commercial potential allows for various business opportunities, while the upper-floor apartments generate consistent rental income. This combination makes the building a well-rounded asset for investors seeking both immediate cash flow and long-term appreciation. Whether you are an experienced investor or new to the market, this property offers a unique chance to own a multifaceted building in a prime location with promising returns.
Location
State WA
County Pacific
Area 211 - South Bend
Interior
Fireplace false
Exterior
Waterfront Description River
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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NEARBY SCHOOL & BUSINESS
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Leon Harper
Real Estate Professional | License ID: 18115
Real Estate Professional License ID: 18115