208 Vine StKelso, WA 98626

  • Office buildings
  • 2,400 SF
For Lease
$90.84/SF/YR View listing

Property Details for 208 Vine St

Year built
1940
Lot size
0.09 AC
Property size (Sq ft)
2,400 SF
Property type
Office buildings
APN
211720100
APU
211720100

Description

This charming 2,400 square foot single-story office building at 208 Vine St, Kelso, WA 98626, offers a unique leasing opportunity. Located in the heart of downtown Kelso, this traditional office space boasts a recently completed (2024) renovation, including fresh paint, new flooring, and a modernized HVAC system. The available space totals 66 square feet and is part of a multi-tenant building. Amenities include a shared private bathroom, kitchen, and conference room, providing a collaborative and convenient work environment. Ample parking is available with 16 spaces on-site. The building, constructed in 1940 and situated on a 4,051 square foot lot, is conveniently located near the intersection of Vine St and 3rd Ave (APN 2-11720100). The monthly rent of $500 includes internet and utilities, excluding phone services. This is an exceptional opportunity for a small business or individual seeking a well-maintained, centrally located office space in a vibrant downtown setting.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $659,184
    6.5%
    $608,478
    7%
    $565,015
  • Comparable approach

    Method
    Valuation
    Relative Method
    $462,192
    Geo Method
    $462,192
  • Alternative Use

    Use
    Valuation
    Residential
    $754,512
    Hospitality
    $691,129
    Educational
    $575,011
    Medical
    $594,787
    Retail
    $894,462

Location Insight

City
Kelso
County
Cowlitz
State
Washington
Latitude
46.1433
Longitude
-122.911
CBSA code
31020
CBSA name
LONGVIEW, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,680
$32,400
$104,440
$136,840
-
$32,400
$104,440
$136,840

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