1221 Rose Valley RdKelso, WA 98626

  • Retail properties
  • 2,600 SF
For Sale
$5,000,000 View listing

Property Details for 1221 Rose Valley Rd

Year built
1954
Lot size
0.56 AC
Property size (Sq ft)
2,600 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
WD1702005
APU
WD1702005

Description

This exceptional commercial property at 1221 Rose Valley Road, Kelso, WA, presents a lucrative investment opportunity. The established H & I Grocery & Texaco Gas Station boasts strong annual sales figures and features new pumps with a card lock system. The main store building comprises 2600 square feet, offering ample space for remodeling and expansion. A newer shop with multiple bays is also included on the property. Situated on a 0.5-acre lot, this property also includes an adjacent 1-acre parcel, a separate lot with a well and an older septic system. The convenience store itself includes a lottery ticket sales area, a deli, and an ATM, along with a security system and a wastewater treatment system. A 1,000-gallon water holding tank is also on site. The property further includes rental/living quarters consisting of a two-bedroom, one-bathroom unit with large rooms, offering potential rental income of $650 to $1300 per month (rental income is not included in the reported sales figures). The business name is included in the sale. The shop also has rental potential. The seller is open to considering owner financing with favorable terms. This turnkey operation offers a unique blend of established business and significant expansion potential in a growing area of Cowlitz County. The asking price for this property is $5,000,000.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,049,750
    6.5%
    $969,000
    7%
    $899,786
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,261,784
    Geo Method
    $1,261,784
  • Alternative Use

    Use
    Valuation
    Residential
    $817,388
    Hospitality
    $748,723
    Educational
    $622,929
    Medical
    $644,352
    Retail
    $969,000
1221 Rose Valley Rd, Kelso, Washington

Location Insight

City
Kelso
County
Cowlitz
State
Washington
Latitude
46.0974
Longitude
-122.837
CBSA code
31020
CBSA name
LONGVIEW, WA METROPOLITAN STATISTICAL AREA

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
2023
$7,931
$24,390
$769,380
$793,770
-
$24,390
$769,380
$793,770

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