$350,000
For Sale

109 Interstate Avenue SW

Chehalis, WA 98532
Listing OfficeOn Point Real Estate
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

Established national restaurant tenant on a visible freeway location near the exit. This sale includes the building and ground lease, the land is not included. The lessee invested in a major interior upgrade last year. Both the lessee's 5-year renewal options and the ground lease run through 2043. Ownership has been pretty hands-off, tenant pays for everything except the ground lease. Priced at a 5% cap rate for long-term stable income. Feel free to drop in and have lunch. Please do not bother the staff without an appointment. Broker/owner.

  • Property Details
      • Property SubtypeCommercial Industrial
      • Date ListedNovember 21, 2024
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Style75 - Retail
      • Property ConditionVery Good
      • InteriorConcrete
      • Property TypePurchase
      • SubdivisionChehalis
      • Original List Price$350,000
      • MLS #2312353
      • MLS #2312353
      • Utility SourcePublic
      • Cost350000
      • Structure TypeRetail
      • CountyLewis
      • Exterior MaterialsWood
      • Acres0.29
      • Year Built2003
      • Days on Market (Cumulative)33
      • Taxes Annual$0
Caitlin SpenceReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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