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$595,000
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Property Description
Rare mixed-use investment opportunity in the heart of downtown Shelton! This versatile property offers incredible flexibility for investors, owner-users, or entrepreneurs looking to establish a presence in a thriving downtown location. The upper level is currently occupied by long-term tenants who would love to stay, providing immediate rental income, but they are willing to vacate if a buyer prefers to occupy the space.The street-level commercial space offers endless possibilities, including retail, office, restaurant, studio, or service-based business. With excellent visibility, abundant street parking, and a prime downtown location, this property is well-positioned for a wide range of uses. MLS information does not fully reflect the property's restroom amenities. The building includes multiple toilets and several communal sinks.
Full Property Details
Full Property Details for 703 W Railroad
General
- Price: $595,000
- Taxes: $3,672 (2025)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2547575
- Updated: 6/30/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Fireplace
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood Burning
- Appliances: Dishwasher(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
- Upper - Full Baths: 1
- Main Floor Baths: 2
- Main - 1/2 Baths: 2
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 5
Additional Information
- Amenities: Cable TV, Gas Available, High Speed Internet, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 10
- Parking Features: Attached Garage, Off Street
Location
- Area: 175 - Shelton
- County: Mason
- Subdivision: Downtown
- Driving Directions: Downtown Shelton, 7th street and Railroad.
School Information
- High School District: Shelton
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Stone
- Basement Desc.: None, Roughed In
- Foundation: Slab
- Roof: Composition, Flat
- Entry Location: Main
- Square Feet: 4,148
- Finished Total: 4,148 Sq. Ft.
- Year Built: 1928
Lot Features
- Lot Size (Acres): 0.1673
- Lot Size (Sq. Ft.): 7,288
- Lot Size Source: Realist
- Topography: Level
- Lot Features: Alley, Corner Lot, Paved, Sidewalk
Financial Considerations
- Tax Amount: $3,672
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s)
- Property ID: 320195111001
Listed by Nikki Boad | AgencyOne | (425) 772-7500
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Schools
Schools serving 703 W Railroad
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 |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 703 W Railroad
Date
Details
Price
Change
Source
6/30/2026
Listed
$595,000
25.26%
MLS
3/29/2023
Sold
$475,000
—
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 703 W Railroad
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,672
-3%
$509,270
42%
2024
$3,803
—
$359,500
-7%
2023
$3,803
12%
$386,570
19%
2023
$3,381
—
$323,560
3%
2023
$3,381
-24%
$313,710
-4%
2021
$4,431
9%
$326,795
6%
2019
$4,057
-11%
$308,140
12%
2018
$4,578
8%
$274,080
—
2017
$4,232
—
$274,080
—
2017
$4,232
-51%
$274,005
-52%
2016
$8,638
—
$568,795
1%
2015
$8,654
1%
$562,070
1%
2014
$8,551
—
$555,345
—
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 703 W Railroad
703 W Railroad, Shelton, WA 98584 (MLS# 2547575) is a Single Family property with 5 bedrooms, 1 full bathroom and 2 partial bathrooms. 703 W Railroad is currently listed for $595,000 and was received on June 30, 2026. Want to learn more about 703 W Railroad? Do you have questions about finding other Single Family real estate for sale in Shelton? You can browse all Shelton real estate or contact a Coldwell Banker agent to request more information.

