354 State StMossyrock, WA 98564

Property Details for 354 State St

Year built

1920

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.40 AC

Property size (Sq ft)

4,260 SF

Property type

Office properties

Property subtype

Other office properties

APN

8701014003

APU

8701014003

Description

This exceptional Mossyrock, WA property offers a unique blend of commercial and residential space, ideal for a variety of uses. The main building, a 4260 square foot industrial shop, boasts 18-foot ceilings, providing ample room for various operations. The shop features a hydraulic lift, accommodating both heavy-duty and light-duty mechanical work, and includes three roll-up doors (two 14-foot and one 10-foot), ensuring easy access for equipment and vehicles. The shop also includes a 553 square foot apartment above, offering additional living space or office potential. The property includes a substantial amount of mechanical machinery, which is included in the sale. The shop enjoys 168 feet of frontage on State Street, providing excellent visibility and accessibility. In addition to the shop, the property features a 1774 square foot Accessory Dwelling Unit (ADU) home, situated on the rear of the property facing Main Street. This two-bedroom, two-bathroom home includes a den, but requires interior renovations. The main floor encompasses 1024 square feet, with an additional 552 square feet on the second floor. Cabinets intended for the home are currently stored within the shop. The main yard is fully fenced, providing a secure area. The property is being sold "as is," and buyers are responsible for conducting their own due diligence. This is a rare opportunity to acquire a versatile property with significant potential in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,152,766

  6.5%

  $1,064,092

  7%

  $988,086

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,142,378

  Geo Method

  $820,391

• Alternative Use

  Use

  Valuation

  Residential

  $1,319,474

  Hospitality

  $1,208,631

  Educational

  $1,005,567

  Medical

  $1,040,150

  Retail

  $1,564,216

Location Insight

City

Mossyrock

County

Lewis

State

Washington

Latitude

46.5292

Longitude

-122.48

CBSA code

16500

CBSA name

CENTRALIA, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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