• 220 5th St, Hoquiam, WA 98550

This property isn't on the market right now.

Property Details

> 36,250 SF (0.88 acres of land)
> 25,000 SF gross building area
> Approximately 75 parking stalls
> Downtown Commercial, C2
> Foreign Trade Zone 173
> Current NOI = 38,613 at 55% occupancy
> Potential NOI at 100% occupancy = $93,048
> 41% cash on cash return!
OFFERED AT $599,000
> New insulated Gelcap roof
> All new windows
> Updated mechanical systems
> Two tenants in place
> 2nd floor - entertainment space, clear span, currently hosting two events per month
> Strong upsides in rents and leasing the vacant space

  • Property Type
    Retail
  • Submarket
  • Total Building Size
    25,000RSF
  • Total Acres
    0.88
  • Number of Floors
    2
  • Number of Buildings
    1
  • Zoning
    C2
  • Property ID
    346870