3510 NE Everett St

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Address: 3510 NE Everett St, Camas, WA 98607, USA
Created date: August 16, 2024
Date last updated: August 16, 2024
  • On busy State Route 500, Surrounded by recreational foot and drive-by traffic from Lacamas Park and Lake, plus the main route to and from Camas High School and the new North Shore Development
  • The attached 4plex is 100% occupied.
  • Actively looking for tenant/operator for the Market/Deli- High interest to fully perform or Great owner/user opportunity
  • Includes two parcels, one serving as parking.
  • Price includes all the business assets(FF&E) and inventory from the prior market operation
  • New LED Lighting in the Commercial Space.
  • Note: Financial Report is proforma based on Market space being rented out at $2400 a month modified gross. Currently vacant for owner/user potential, have prospective tenants lined up.

Property Description

Own a piece of the heart of the desirable charming city of Camas, known for its beautiful tree-lined streets, unique boutiques and eateries, and small-town charm, along with a high-ranking school district. The property is mixed-use with four fully leased apartments and 1200sf of retail space. The apartment mix is a 2+1, a 1+1, and two studios producing $5970 gross income per month Great owner/user opportunity. Operate the commercial space while offsetting the cost of ownership with the income from the residential units, or lease out the turnkey minimart/deli space and hold it as a fully performing property. Surrounded by Lacamas Park, Lacamas Lake and all the recreational activities it draws, along with being on busy State Route 500/ Everett Rd, and just minutes from Downtown Camas! For someone looking to expand locations or to start a local business, this could be about as "turnkey" as it gets, for the equipment, fixtures, and inventory are all included in the advertised purchase or lease rate! This place is begging to be reopened, when I was down there recently taking pictures, in just 15 minutes I had a dozen willing-to-be patrons thinking or hoping it was opened! Retail space includes a 1000 Sf showroom and also has its own bathroom and storage area, and a covered patio area. Two parking areas, market parking on the north side and residential parking on the south side. There could also be other uses, but best suited to stay a Market/Deli/Ice Cream operation. There are 4 apartments attached above and on the side of the market space, please do not disturb tenants!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,250,000
No. of Units: 5
Average Occupancy: 5.88
Year Built: 1920
Lot Size: 0.20 Sq ft
Opportunity Zone: No
Price per unit: $250,000
Property Website Click Here
Address: 3510 NE Everett St, Camas, WA 98607, USA
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