104 Spruce St E - Retail FOR SALE


Ilwaco, WA 98624
$1,500,000 USD
360-244-2720
104 Spruce St E, Ilwaco, WA for Sale
$1,500,000 USD
Retail - FOR SALE
1/41
null | Request Cap Rate

104 Spruce St E
Ilwaco, WA 98624


HIGHLIGHTS

  • Centrally located in Ilwaco near Pacific Ocean and Astoria
  • Historic structure with modern infrastructure upgrades
  • Phase 1 complete with leased commercial and residential units
  • Zoning allows mixed-use and short-term rentals
  • Potential to add 7–10 residential units and expand commercial space
  • Large parking lot ideal for tenants and future development

OVERVIEW

The iconic Doupe Building is a ~ 18,000 sq. ft. property comprised of two connected buildings and a private parking lot, in the midst of transformation and ready for your vision. One luxury apartment and one commercial space are completed and operating with instant cash flow. Zoned for mixed-use, commercial plus short- or long-term rentals. ~ 10,000 sq. ft of commercial space, with potential for seven more apartments upstairs, and the possibility of multiple commercial spaces and apartments on the main floor. The roof, skylights, fire suppression system, and water mains are all new. Motivated seller willing to review all offers, including creative financing and partnership. List of upgrades available.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Doupe Building

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,729 SF

ZONING

C1

APN/PARCEL ID

10113342014

ASK ABOUT THIS PROPERTY

Doug KnutzenRealty One Group PacificaMore Info
360-244-2720

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Doug KnutzenRealty One Group PacificaMore Info
360-244-2720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.