For Sale
$299,000

503 Monroe StSouth Bend, WA 98586

0.84-acre commercial lot, 15-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional 0.84-acre commercial lot in South Bend, Washington, presents a unique multifamily development opportunity. Zoned for Downtown and Commercial District use, the property is approved for the construction of a 15-unit apartment building. The lot boasts a desirable location, just one block from Highway 101, offering convenient access to major transportation routes. Several units will enjoy river views. Public utilities are readily available at the street. The property is situated within the city limits of South Bend, a town with a population exceeding 1,700, and is within a 3-mile radius of essential services including Willipa Harbor Public Hospital, restaurants, banks, healthcare facilities, motels, shopping centers, grocery stores, and hardware stores. The larger Pacific County boasts a population of over 24,000 (2021 census data). For those seeking larger city amenities, Interstate 5 (Chehalis) is approximately 40 miles east, Vancouver, WA is 120 miles away, and Long Beach is a 40-minute drive. Adding to its appeal, the property is within walking distance of a new school, maintaining a charming small-town atmosphere. The asking price for this prime development site is $299,000.

Highlights

  • 0.84-acre commercial lot.
  • Downtown Commercial zoning, approved for 15-unit apartment building.
  • River views from some units, one block from Highway 101.
  • Public utilities available at the street.
  • Located in South Bend, WA.
  • Most services within 3 miles, including Willipa Harbor Public Hospital.

Property Details for 503 Monroe St

Property type
Land
Lot Size (sq. ft)
36,590 SF

Location Insight

City
South Bend
County
Pacific
State
Washington
Latitude
46.6658322
Longitude
-123.7885905
503 Monroe St, South Bend, Washington

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503 Monroe St
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