17490 W Shelton-Matlock Rd $745,000


    17490 W Shelton-Matlock Rd Matlock, WA 98560

    • 2.00 Acres
    • Commercial/Industrial
    • Listing# 1396695
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    Views: 21 Days On Market: 457

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    Property Details

    Investment Opportunity! 13.42% Cap Rate Anchor Grocery Store, United States Post Office, Gas Station, Storage units, and residential rental = multiple streams of income from 1 property. Live in house and run the property yourself or use existing employees. Property has room to expand as area grows. Property next door also for sale Listing #1396686

    • General Features
      • County Mason
      • Approx Building SqFt 6,925
      • Approx Office SqFt 3,359
      • Approx Whse/Mfg SqFt 3,566
      • Zoning Class Business, Commercial, Office, Retail, See Remarks
      • Lot Dimensions 198x306x355x415
      • Selling Office Commission 3
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 30
      • Zoning Jurisdiction County
    • Building Features
      • Floor Covering Concrete, Vinyl
      • Features Leased Fixtures, Signage Included, Storage
      • Heating and Cooling Forced Air, Heat Pump
    • Property Features
      • Depth of Lot 300
      • Site Frontage 198
      • Expansion Area Y
      • Environment Survey N
      • Water-Sewer-Garbage 1155
      • Sewer Septic
      • Sewer Company Septic
      • Energy Source Electric, Propane
      • Power Company PUD 3
      • Number of Available Pads 0
      • Lot Square Footage 87,120
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 4,166
      • Total Monthly Rent $4,721
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 9.3
      • Gross Scheduled Income $434,232
      • Gross Adjusted Income $434,232
      • Total Expenses $369,945
      • NOI $64,287
      • Electrical Expenses $11,477
      • Tax Expense $4,119
      • Heating Expense $0
      • Insurance Expense $7,920
      • Other Expenses $345,274
      • Tax Year 2018
      • Annual Assoc. Dues $0


    Coldwell Banker Evergreen Olympic Realty


    Coldwell Banker Evergreen Olympic Realty

    Business: 360-352-7651


    98560 (Matlock) Demographics

    42 Median Age
    3 Population Density (per sq. mile)
    32% College Educated
    $53,750 Estimated Median Income
    73 Estimated Total Home Owners
    0 Estimated Total Renters
    100% / 0% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    180 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $745,000
        1/3/2019 4:31:00 PM New in Database Source

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

        This property search is part of the Coldwell Banker Evergreen Olympic Realty, Inc. website. Listing information is courtesy of the WA-NWMLS and Coldwell Banker Evergreen Olympic Realty, Inc.. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.