104 Spruce Street E, Ilwaco, WA 98624

$1,150,000

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Listing courtesy of Realty One Group Pacifica.

List Price
$1,150,000
Status
ACTIVE
MLS#
2446615
Price Change
▼ $150,000 1778906029
Days on Market
298
Annual Tax Ammount
1539
Internet Provider
Spectrum

Property Description

The iconic Doupe Building is a ~ 18,000 sq. ft. property comprised of two connected buildings and a private parking lot, in the midst of transformation and ready for your vision. One luxury apartment and one commercial space are completed and operating with instant cash flow. Zoned for mixed-use, commercial plus short- or long-term rentals. ~ 10,000 sq. ft of commercial space, with potential for seven more apartments upstairs, and the possibility of multiple commercial spaces and apartments on the main floor. The roof, skylights, fire suppression system, and water mains are all new. Motivated seller willing to review all offers, including creative financing and partnership. List of upgrades available.

Additional Information

Community
Ilwaco
Building Condition
Good
Style
61 - Comm Bldg Ovr 10K
Year Built
1896
Roof
Flat, Tile
Tax Year
2025
Potential Terms
Cash, Conventional
Flooring
Ceramic Tile, Concrete, Hardwood, Softwood, Vinyl Plank
Driving Directions
At the stop light in Ilwaco
Appliance
Tankless Water Heater
Electric Expenses
2500
Other Expenses
1500
Energy Source
Electric
Net Operating Income
$29,161
Gross Scheduled Income
$49,200
Water/Sewer/Garbage Expenses
$1,500
Total Expenses
$20,039
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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