Nearly 1600 feet of Chehalis River Frontage in Aberdeen, WA. (Part of GH Bay) Where many exciting commercial, industrial, and shipping ventures are now happening. Medium bank along deep seaport, cleared, solid, level land with tide lands included (approx 8 acres). Rail lines adjoining on North. Price reduced from $950K
The subject property is an 11,036 square foot retail strip center located on the corner of Fleet Street and Highway 12 in Aberdeen, Washington. The center recently finished completion in October of 2013. It is 100% leased to a multi-unit Aaron' s operator and an authorized Verizon Wireless dealer that operates over 400 locations across the US. Both leases are guaranteed.100% Occupied Ten-year guaranteed leases will provide long term steady cash flow. Contracted Rental Growth- Both tenants have scheduled rental increases in year 6. NNN Lease Structure- Minimal landlord responsibility. Tenants responsible for real estate taxes, insuranceand CAMS. New Construction- Completed in October 2013. Winner of the 2014 Varco Pruden Award for best retail project. Tax Free State- Washington has no state income tax for prospective investors.
The Dr, Wilson Paine mansion was built in 1905 to house all of their servants that they brought over from Massachusetts. It was run as a true Victorian household. It is one of the most popular Bed & Breakfasts in the area with Guests especially enjoying breakfast in the Sun Room overlooking the Harbor. A Harbor View Inn celebrates the historical charm of the Victorian era, while offering amenities of today. Each of the five large guestrooms features its own private bath, king-sized beds water or territorial views, wireless internet, television and plenty of comfort! Sellers have meticulous books and records to satisfy the most discriminating Buyer. Comprehensive Personal Property List totaling over $100,000 is included in sale. Seller may provide Seller financing to credit Buyer! All serious Offers considered! Please call for a tour.
Low Price/Square Foot - Opportunity with ample upside through re-tenanting of existing vacant suites. Current market rents range from $7 to $12 per square foot. Credit Tenant - Sherwin Williams lease is guaranteed by a corporate signature with an S&P credit rating of A. They are currently operating on a gross lease which leaves the landlord responsible for a portion of the operating expenses. Retail Trade Area - The property benefits from Olympic Highway 101 which directs traffic flow throughout the local township. Major big-box including Home Depot and Walmart are located on the highway.