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Listing Firm: Windermere RE/Himlie: Jef Conklin

Bought With: Voetberg Hansen Real Estate : Ben Hansen

SOLD On March 31, 2025
NWMLS # 2316381

$625,000

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

601 W Railroad Avenue , Shelton, WA 98584

Listings with the three tree icon are courtesy of NWMLS

About This Property

This is a great investment opportunity in the heart of downtown Shelton, WA with a good history and with very little vacancy. Property has been well maintained and is turn key. Prime corner location with additional alley access. Zoned "Downtown" that may allow for additional expansion as onsite parking is not required under this zoning. All four suites are fully serviced and lease rates include all utilites being paid by the owner. Even being fully serviced, the Net Operating Income indicates a 6 to 7% Capitalization Rate at the asking price. The photos should speak for themselves but we are happy to arrainge "off hour" tours for you and your Broker. Easy walking to banks, post office, several good restaurants, Court House and City Hall.

Buyer's Agent: Ben Hansen • Voetberg Hansen Real Estate

Listed by: Jef Conklin • Windermere RE/Himlie

Aris360 Last Checked: 1 Minute Ago (Jul 23, 2025 01:54 PM)

  • Source: NWMLS as Distributed by MLS Grid #2316381

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Railroad
  • Zip/Postal Code: 98584
  • City: Shelton

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$3,847 per month
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Property Features

  • County
    • Shelton
  • Community
    • 175 - Shelton
  • MLS Area
    • 175 - Shelton
  • Longitude
    • -123.106502
  • Latitude
    • 47.213117
  • Directions
    • Southwest corner of 6th and Railroad - Downtown Shelton

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
    • Natural Gas

  • Style
    • 73 - Office
  • Parking Spaces
    • 16
  • Foundation
    • Poured Concrete,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • City of Shelton
  • Building Total Area (Sq. Ft.)
    • 12000
  • Energy Features
    • Double Wall,

  • Possession
    • Closing,
    • Tenant's Rights,
    • Subject to Tenant Rights,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2024
  • Structure Type
    • Other,
  • Tax Amount
    • $8270
  • Year Built
    • 1965
  • Effective Year Built
    • 1965
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Wed Jul 23 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jul 23, 2025 01:54 PM