Shelton, WA 98584,628 W Railroad AVE
Shelton, WA 98584,628 W Railroad AVE
Shelton, WA 98584,628 W Railroad AVE
17
Listed by Michael J Real Estate LLC
Bought with Michael J Real Estate LLC
$1,275,000
$1,500,000
15.0%
Est.Price: ?

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0.6 Acres Lot

628 W Railroad AVE Shelton, WA 98584

Est. payment /mo
SOLD DATE : 07/30/2024

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Key Details

Sold Price $1,275,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Shelton

MLS Listing ID 2252117

Sold Date 07/30/24

Style 64 - Hotel/Motel

Year Built 1963

Lot Size 0.600 Acres

Property Description

Located in Shelton, WA, this 32-unit motel comes with a restaurant space already occupied by paying tenants. The property includes a manager's quarters, ensuring efficient on-site management and oversight. This is a massive investment opportunity for anyone seeking a building with strong cash flow and significant upside potential. With strategic updates, this property can achieve higher rental rates and increased occupancy. Alternatively, consider converting the units to studios to maximize revenue. Don't miss out on this versatile, income-generating property with tremendous growth potential.

Location

State WA

County Mason

Area 177 - Sw Mason County

Interior

Fireplace false

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Bradley Mulliner

Managing Principal Broker- MORE Realty | License ID: 201206857

+1(503) 858-2478

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