Price Reduction
Listing Provided Courtesy Of:
Century 21 Northwest and NWMLS
418 E 1st Street Aberdeen, WA
$ 325,000
Property Attributes
  • ID#1761088
  • TypeCommercial
  • CityAberdeen
  • AreaAberdeen
  • NeighborhoodAberdeen
  • Zip98520
  • StyleComm Bldg Und 10K
  • Year Built1919
  • Taxes$ 3480
  • Price$ 325,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Century 21 Northwest and NWMLS
Data Source:
Property Description

Former home of Grays Harbor College, this income producing property was completely updated with computer wiring and many quality building upgrades. Cap Rate is currently 8% with room for growth. Downstairs has a conference room, Music Room, 2 bathrooms, 2 offices and a private wing with a bathroom. 2 waiting rooms, dedicated Computer Room, Janitors Closet, built in hall lockers. Upstairs has a shared kitchen, 4 Large offices and plenty of storage. Wheelchair accessible ramp and door opener at the front entrance with an elevator to take you to the top floor. Main stairs are in the front of the building, separate staircase and entrance/exit in the back. Don't miss out on this opportunity!

Price History
4/22/2021 Listed $350,000
6/12/2021 8% - $325,000

General Features

Building Features Disabled Access, Elevator
Buildingareaunits Square Feet
Carport Y/N No
City Aberdeen
Co-Listing Agent Carrie Leinum
County Grays Harbor
Directions US 12 West, Turn Right onto F Street, take 2nd Left onto East 1st. Property is on Right Hand Side.
Electric Expense 3480
Exterior Features Metal/Vinyl
Flooring Vinyl, Carpet
Fuel Expense 2700
Insuranceexpense 1800
Listing Agent Name Kim Pollard
MLS Area 198 - Aberdeen
Netoperatingincome 29832
Nwm Watersewergarbage 1452
Nwm Zoningclass Commercial, Office
Possession Closing, Tenant's Rights
Possible Use Commercial, Office
Property SubType Commercial Industrial
Property Type Commercial Sale
PropertyCondition Good
Roof Metal
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 1st
Structure Type Unspecified
Subdivision Name Aberdeen
Tax Annual Amount 3480
Tax Year 2020
Terms Cash Out, Conventional
Topography Level
Total Actual Rent 5550
Total Units 6
Utilities Sewer Connected, Electricity Available, Natural Gas Connected
Water Company City of Aberdeen
Year Built 1919

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Livingareaunits Square Feet
Power Production Type Electric, Natural Gas
Street Suffix Street

Exterior Features

Foundation Details Post & Pillar
Irrigation Water Rights Y/N No
Lot Dimensions Frontage-50ft Depth-130ft
Lot Size Acres 0.15
Lot Size Square Feet 6534
Lot Size Units Square Feet
Open Parking Y/N No
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 98520

AVG $540K
AVG $5,337
AVG 113
Year Built
AVG 1939
AVG 65
Data Provided by Walkscore ® not using MLS data

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