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August 15, 2018

Office Building For Sale in Hoquiam, Washington

Property # 1178128 Available $1,200,000.00

View of Hoquiam River bri
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   Property Information

Property Sub-TypeHigh Rise
Other Office Buildingn.a.
Property NameOffice Building for Sale - 6,453 SF
Property Address 1709 Levee Street
Property Address 2n.a.
Property Town/CityHoquiam
Property CountyGrays Harbor
Property StateWashington
Property ZIP/Postal Code 98550
MLS #n.a.
Current UseVacant/Owner-Used
Building Sq. Ft.6,453
Gross Leasable Sq. Ft.6,453
No. Floorsn.a.
Lot Size Sq. Ft.28,313
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Built1927
Year Last Renovatedn.a.
Construction Typen.a.
Property Description This highly unique riverfront property combines residential, office, dock, former restaurant, and warehouse space over 4 parcels. Parcels included are: 056401800201, 056401800103, 056401800102, and 056401800101. Existing tenant in office, dock fully leased, and unimproved wa... [email for more info]
Area Description
I5 S to US-101 North to Aberdeen. Go through Aberdeen toward Ocean Shores, head left after crossing bridge. Left on Simpson, Left on 7th St. Property straight ahead.

   Financial Information

Sales Price $$1,200,000.00
Gross Revenue $$79,320.00
Total Expenses $$15,543.00
Taxes $n.a.
Net Operating Income $$63,777.00
Cap Rate5.31%
Occupancy Rate100.00%
Price Per Leasable Sq. Ft. $$185.96
Year Endingn.a.
1031 Exchange?n.a.

   Major Tenants

Tenant #1n.a.
Sq. Ft. #1n.a.
Lease Ends #1n.a.
Tenant #2n.a.
Sq. Ft. #2n.a.
Lease Ends #2n.a.
Tenant #3n.a.
Sq. Ft. #3n.a.
Lease Ends #3n.a.
Tenant #4n.a.
Sq. Ft. #4n.a.
Lease Ends #4n.a.
Tenant #5n.a.
Sq. Ft. #5n.a.
Lease Ends #5n.a.

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information.
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