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$499,900 Just Listed
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Property Description
Investment Opportunity with Mixed-Use Income Potential. This property features four ground-level retail spaces and two upper-floor apartments. Two retail units are on the front side of State Avenue, and two on the front side of Folsom Street, each offering street-level visibility and on-street parking access. One apartment is currently occupied. The second unit (721B) is vacant and partially remodeled, providing an opportunity for the new owner to complete the project to their specifications. Improvements to date include replacement windows, removal of sheetrock, and initial remodeling work, allowing flexibility in final floor plan design. Well suited for an investor or owner-user seeking a property with multiple income streams. Buyer to verify all details to their satisfaction, including square footage, unit configuration, zoning, and permitted uses.
Full Property Details
Full Property Details for 733 NW State St
General
- Price: $499,900
- Taxes: $3,864 (2025)
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2469544
- Updated: Today (1/20/2026)
- Added to Site: Today
Location
- Area: 430 - Chehalis
- County: Lewis
- Subdivision: Chehalis
- Driving Directions: Take I-5 Exit 79, go east on NW Chamber of Commerce Way to NW State Ave, turn right onto NW State Ave and drive .5 miles, 733 NW State Ave will be on the right.
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Metal/Vinyl, Wood
- Foundation: Pillar/Post/Pier, Poured Concrete, Slab
- Roof: Composition, Torch Down
- Loading: 1-3 Bays
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.206
- Lot Size (Sq. Ft.): 8,972
- Lot Size Source: Lewis County Pats
- Topography: Level
- Zoning: Industrial-Light
Financial Considerations
- Tax Amount: $3,864
- Tax Year: 2025
- Terms: Cash Out, Conventional, Rehab Loan
Disclosures and Reports
- Special Conditions: None
- Surveyed: true
- Property ID: 4245000000
Listed by Kip Barker | CENTURY 21 Lund, Realtors | (360) 748-8619
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Schools
Schools serving 733 NW State St
School District:Chehalis School District
| Name | Grades | Distance |
|---|---|---|
James W Lintott Elementary School 1220 Bishop Road, Chehalis, WA 98532 | PK-2 | 2.3 mi |
Orin C Smith Elementary School 1240 Bishop Road, Chehalis, WA 98532 | 3-5 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 733 NW State St
Date
Details
Price
Change
Source
1/20/2026
Listed
$499,900
47.03%
MLS
6/29/2021
Sold
$340,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 733 NW State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,405
111%
$425,500
152%
2021
$1,613
-51%
$169,000
-57%
2023
$3,317
89%
$396,800
135%
2020
$1,758
-7%
$169,000
—
2020
$1,883
10%
$169,000
—
2019
$1,718
-10%
$169,000
—
2018
$1,915
-1%
$169,000
2%
2017
$1,944
—
$166,500
—
2016
$1,944
11%
$166,500
-2%
2015
$1,748
2%
$169,600
2%
2014
$1,714
—
$166,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 733 NW State St
733 NW State Street, Chehalis, WA 98532 (MLS# 2469544) is a Industrial property. 733 NW State Street is currently listed for $499,900 and was received on January 20, 2026. Want to learn more about 733 NW State Street? Do you have questions about finding other Industrial real estate for sale in Chehalis? You can browse all Chehalis real estate or contact a Coldwell Banker agent to request more information.

