1343 Cole Street, Enumclaw, WA 98022
- $2,750,000
Listing courtesy of KW Mountains to Sound Realty.
- List Price
- $2,750,000
- Status
- ACTIVE
- MLS#
- 2563415
- Days on Market
- 0
- Annual Tax Ammount
- 11083
- Internet Provider
- Xfinity
- Bank Owned
- Yes
Property Description
Rare opportunity to own two parcels totaling 1/2 acre with an 8,000+- SF building in downtown Enumclaw! 2,500+ SF showroom fronting Cole St with private offices and two ADA-accessible bathrooms. 5,200+- SF of heated clear-span shop space including five 12' x 12' ground-level bay doors, 440V three-phase power, and an additional bathroom. Fully fenced with gated access from both Cole St and Railroad St for added flexibility. Remodeled from the studs out in 1990. Two forced-air natural gas furnaces with AC units for each. Standing seam metal roof. 800+ SF of additional storage/office/breakroom space upstairs. Fire suppression vent hood remains from past tenants. Easily converted to multi-tenant use with retail or restaurant up front and shop uses in the back.
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Additional Information
- Community
- Enumclaw
- Building Condition
- Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1919
- # of Assigned Spaces
- 57
- Roof
- Metal, See Remarks
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Concrete, Vinyl Plank
- Driving Directions
- GPS friendly.
- Electric Expenses
- 2721
- Energy Source
- Natural Gas
- Net Operating Income
- $76,624
- Gross Adjusted Income
- $101,460
- Gross Scheduled Income
- $101,460
- Water/Sewer/Garbage Expenses
- $1,800
- Cap Rate
- 3
- Total Expenses
- $24,836
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