109 Main StElma, WA 98541

This exceptional commercial property, located at 109 W Main Street in the heart of Elma, WA, presents a unique investment opportunity. Boasting a rich history as a family-owned building for over 35 years, this versatile property offers multiple income streams. The main floor currently houses a thriving hair salon and a contractor's office, providing immediate rental income. Above, a well-maintained one-bedroom, one-bathroom residential apartment adds another revenue source. The building has undergone significant updates throughout the years, including a newer roof, fresh interior and exterior paint, updated flooring, and modernized bathrooms. New light fixtures are also among the recent improvements. Adding to its appeal is a detached 576-square-foot garage, conveniently divided into two separate storage spaces, ideal for additional rental income or owner use. This prime location on Main Street ensures high visibility and accessibility, placing the property in the bustling center of Elma. The property is offered at $299,000 and is an excellent choice for those seeking a strong investment, particularly those considering a 1031 exchange. The combination of established tenants, recent renovations, and a desirable location makes this a truly compelling investment prospect.