1343 Cole Street, Enumclaw, WA 98022

$2,750,000

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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.

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
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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