301 1st Street NE (Status: Available) 4400000

301, 1st St, Yelm, WA  98597

Prime commercial real estate opportunity in Yelm, Washington! A 275-unit storage complex with roughly 18% under local market rents and potential to add approximately 36-40 more units. Located in a thriving area, it offers a strategic advantage for investors. Benefit from strong tenant demand, strong historical occupancy, potential rental rate increases, and solid cash flow. With a high occupancy proven track record, this turnkey investment promises long-term appreciation and high returns. Don’t miss out on this exceptional opportunity in Yelm’s growing market.Strong Track Record of Occupancy:2021 – 99-100%2022 – 99-100%2023 – Rents increased Current Vacancy at 95%Last Month Total Cash in: $28,745.23 at 95% OccupancyIf extra units added, increases Potential rental income by $3,840

Listing Details

Asset Class: Industrial,Specialty
Year Built:
Building Total Square Feet: 31130
Available Lease Space Square Feet: 31130
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: CBD

Listing Courtesy of: Greene Commercial

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.