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$625,000
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Property Description
This is a great investment opportunity in the heart of downtown Shelton, WA with a good history and with very little vacancy. Property has been well maintained and is turn key. Prime corner location with additional alley access. Zoned "Downtown" that may allow for additional expansion as onsite parking is not required under this zoning. All four suites are fully serviced and lease rates include all utilites being paid by the owner. Even being fully serviced, the Net Operating Income indicates a 6 to 7% Capitalization Rate at the asking price. The photos should speak for themselves but we are happy to arrainge "off hour" tours for you and your Broker. Easy walking to banks, post office, several good restaurants, Court House and City Hall.
Full Property Details
Full Property Details for 601 W Railroad Ave
General
- Sold For: $625,000
- Taxes: $8,270 (2024)
- Status: Closed
- Type: Office
- Source: NWMLS
- MLS ID: 2316381
Property History
- 601 W Railroad Ave, Shelton, WA
- Sold $625,000 on 3/31/25
- Listed $649,500 on 12/12/24
Rental Information
- Complex Features: Disabled Access
Interior
- Flooring: Vinyl, Carpet
Parking
- Uncovered Spaces: 16
Location
- Area: 175 - Shelton
- County: Mason
- Subdivision: Shelton
- Driving Directions: Southwest corner of 6th and Railroad - Downtown Shelton
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central A/C, Heat Pump
- Heating Type: Forced Air, Heat Pump
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Office
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition
- Office: 3,898 Sq. Ft.
- Year Built: 1965
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.2755
- Lot Size (Sq. Ft.): 12,000
- Lot Size Source: Map
- Lot Dimensions: 120' x 100'
- Lot Depth: 100
- Topography: Level
- Zoning: Business, Commercial, Office, Retail, See Remarks
Green Features
- Energy Efficient: Double Wall
Financial Considerations
- Tax Amount: $8,270
- Tax Year: 2024
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Surveyed: false
- Property ID: 320195112001
- Block: "L" David Shelton's 1st
- Lot Number: 1 and 2
Listed by Jef Conklin | Windermere RE/Himlie | (360) 426-2646
Sold by Ben Hansen | Voetberg Hansen Real Estate
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 601 W Railroad Ave
School District:Shelton School District
| Name | Grades | Distance |
|---|---|---|
Evergreen Elementary School, Shelton, WA 900 West Franklin Street, Shelton, WA 98584 | K-5 | 0.2 mi |
Olympic Middle School, Shelton, WA 800 East K Street, Shelton, WA 98584 | 6-7 | 1.2 mi |
Oakland Bay Junior High School 3301 North Shelton Springs Road, Shelton, WA 98584 | 8-9 | 1.6 mi |
Shelton High School 3737 North Shelton Springs Road, Shelton, WA 98584 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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601 W Railroad Avenue, Shelton, WA 98584 (MLS# 2316381) is a Office property that was sold at $625,000 on March 31, 2025. Want to learn more about 601 W Railroad Avenue? Do you have questions about finding other Office real estate for sale in Shelton? You can browse all Shelton real estate or contact a Coldwell Banker agent to request more information.