Listing Office: On Point Real Estate Northwest Multiple Listing Service Logo

109 Interstate Avenue Sw, Chehalis, WA

$290,000 USD

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0.29

Acres

About 109 Interstate Avenue Sw

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 6% 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.

Features of 109 Interstate Avenue Sw

MLS® # 2312353
Price $290,000 USD
Acres 0.29
Year Built 2003
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 109 Interstate Avenue Sw
Area 430 - Chehalis
Subdivision Chehalis
City Chehalis
County Lewis
Province WA
Postal Code 98532

Amenities

Parking Spaces 16

Interior

Interior Features Concrete

Exterior

Exterior Features Wood
Foundation Poured Concrete

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeOn Point Real Estate

Listing Map

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