112 Columbus AveGoldendale, WA 98620

  • Retail properties
  • 2,038 SF
For Sale
$185,000 View listing

Property Details for 112 Columbus Ave

Year built
1990
Lot size
0.17 AC
Property size (Sq ft)
2,038 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
4162155040900
APU
4162155040900

Description

Invest in this 2,038 square foot commercial property situated on a 0.17-acre lot in Goldendale, WA's Central Business District. This property enjoys excellent visibility from its corner lot location directly across from the Klickitat County Courthouse and the new County office building, ensuring high foot traffic. The property is zoned for Central Business District use, making it suitable for a wide range of commercial ventures. Ample paved parking is available for up to ten vehicles. While the south end of the structure sustained fire damage and the interior has been stripped to the studs by insurance mitigation, this presents a unique opportunity for redevelopment. The property's previous tenant, Café Genevieve, enjoyed success for several years, demonstrating the location's potential. This prime location offers direct frontage on a major Goldendale thoroughfare, providing exceptional exposure to a bustling area with a supportive community. Cash or rehab financing options may be available. This is an exceptional chance to create a thriving business in a high-traffic area. The property is ready for your vision – rebuild, remodel, or start fresh.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $822,843
    6.5%
    $759,547
    7%
    $705,294
  • Comparable approach

    Method
    Valuation
    Relative Method
    $989,045
    Geo Method
    $989,045
  • Alternative Use

    Use
    Valuation
    Residential
    $640,707
    Hospitality
    $586,884
    Educational
    $488,280
    Medical
    $505,073
    Retail
    $759,547
112 Columbus Ave, Goldendale, Washington

Location Insight

City
Goldendale
County
Klickitat
State
Washington
Latitude
45.8217
Longitude
-120.822

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,346
$17,590
$115,800
$133,390
-
$17,590
$115,800
$133,390

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