117 8Th StShelton, WA 98584

Property Details for 117 8Th St

Year built

2003

Construction

STEEL FRAME

Lot size

0.19 AC

Property size (Sq ft)

4,552 SF

Property type

Office properties

APN

32019-52-14001

APU

320195214001

Description

This exceptional 70-square-foot office space is ideally situated at 117 N 8th St, #303, Shelton, WA 98584. Built in 2003, this single-tenant space is located within a single-story building and offers a convenient main floor location. The property features ample parking (multiple spaces available). Utilities are readily accessible, with power provided (PUD3). While there are no elevators in the building, the single-story design ensures easy access. The APN is 32019-52-14001. This traditional office space is perfect for a small business or individual professional seeking a comfortable and efficient workspace. Its central Shelton location provides easy access to public transportation, local restaurants, and other amenities. The space is currently vacant and ready for immediate occupancy. This is a fantastic opportunity to establish a presence in a thriving community. The property is categorized as a traditional office space and is a single-tenant occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,231,782

  6.5%

  $1,137,030

  7%

  $1,055,814

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,220,682

  Geo Method

  $876,624

• Alternative Use

  Use

  Valuation

  Residential

  $1,409,917

  Hospitality

  $1,291,476

  Educational

  $1,074,493

  Medical

  $1,111,447

  Retail

  $1,671,434

Location Insight

City

Shelton

County

Mason

State

Washington

Latitude

47.2142

Longitude

-123.109

CBSA code

43220

CBSA name

SHELTON, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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