275 7Th AveSequim, WA 98382
- Retail properties
- 9,440 SF
Property Details for 275 7Th Ave
- Year built
- 1982
- Lot size
- 1.12 AC
- Property size (Sq ft)
- 9,440 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 330193200090000
- APU
- 330193200090000
Description
This exceptional turnkey business opportunity in Sequim, WA, presents a rare chance to acquire an established and profitable enterprise. Located at 275 S Seventh Avenue on a spacious 2.51-acre lot, this property boasts a thriving RV business encompassing sales, repair, and storage services. The existing infrastructure includes a well-equipped six-bay shop, providing ample space for repairs and maintenance. A dedicated exterior workspace complements the indoor facilities, offering additional flexibility for larger projects. The property benefits from substantial 3-phase power, ensuring sufficient capacity for all operational needs. A significant inventory of parts, including those for older RV models, is included in the sale, providing an immediate advantage for continued operations. The business enjoys a loyal customer base spanning Clallam and Jefferson counties, with a notable number of repeat national clients. Beyond the core RV business, significant additional income streams are possible through the existing RV storage facilities, a rentable house on the property, and readily available excess office space. The property's size and existing infrastructure offer considerable potential for expansion and diversification, making this a truly unique and compelling investment opportunity. The asking price is $1,650,000.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,743,056
- 6.5%
- $3,455,128
- 7%
- $3,208,334
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,231,160
- Geo Method
- $4,581,247
-
Alternative Use
- Use
- Valuation
- Residential
- $2,914,530
- Hospitality
- $2,669,694
- Educational
- $2,221,154
- Medical
- $2,297,543
- Retail
- $3,455,128
Location Insight
- City
- Sequim
- County
- Clallam
- State
- Washington
- Latitude
- 48.0783
- Longitude
- -123.119
- CBSA code
- 38820
- CBSA name
- PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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