$375,000
For Sale

403 Yelm Avenue W

Yelm, WA 98597
Listing OfficeRE/MAX Country
Browse 17 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Expand your investment portfolio: Commercial development opportunity in the Yelm Central Business District. The initial design rendering & floor plan for a 5-story mixed use building has been completed. The city has indicated this building fits w/ their goals for downtown commercial development. The building is offering commercial space on the ground floor & 62 residential units on the uppers. Alternatively, if you are wanting to start afresh w/ your own designs, CBD zoning allows for retail & service oriented establishments (no food drive-through). Located on the main Yelm thoroughfare, w/ 119 ft of highway frontage & traffic in the thousands daily. 0.56 acres sitting on corner lot w/ additional alley access, & 2 blocks from city center.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Style43 - Comm/Industrial
      • Lot DescriptionPaved, Sidewalk
      • Date ListedMarch 20, 2024
      • ViewTerritorial
      • Sewer InformationOn Property
      • High SchoolYelm High12
      • Structure TypeIndustrial
      • Utility SourceAvailable
      • Property TypePurchase
      • CountyThurston
      • Original List Price$375,000
      • MLS #2212099
      • MLS #2212099
      • Cost375000
      • Acres0.551
      • SubdivisionYelm
      • School DistrictYelm
      • Property SubtypeLand
      • Days on Market (Cumulative)229
Ross & RachelReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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