717 E Yelm Ave Yelm, WA 98597

Commercial-Other MLS #: 1509366 Listed By CENTURY 21 Northwest Realty

$1,300,000

14,237 sq ft
 
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Property Description

Great 3 in 1 opportunity! Own an 7500 sq.ft restaurant (with bar and banquet room), a fully rented 76 unit storage business and a manufactured home (managers house) on 2.15 C-1 acres, right in the middle of fast growing Yelm. Ready for a restaurant owner, with instant cash flow from the storage units & home on site. Perfect for investors looking for a great ROI. Equipment included. Former restaurant tenant at 10,000 p/mo and current gross on storage units 65K/year. Lots of room for expansion!

Features

  • Building Area: 14237.00 SF
  • Cross Docks: N
  • Flooring: Wall to Wall Carpet
  • Flooring: Ceramic
  • For Auction: N
  • General: Storage Area
  • Heating - Fuel Type: Electric
  • Heating Type: Heat Pump
  • Heating Type: Forced Air
  • Lot Description: Level
  • Lot Size In Text: 93512 Sq. Ft.
  • MLSID: 1509366
  • Parking Places: 0
  • Price Upon Request: N
  • Property Use: Rental or Investment
  • Roof: Composition Shingle
  • Style: Other Style
  • Sublease: N
  • Tax Year: 2019
  • Taxes: $17040.00
  • Year Built: 1977
  • Zoning: City

98597 (Yelm, WA)

Take a closer look

Closest Airport
Seattle-Tacoma International
Closest College
BRANDMAN UNIVERSITY-MCCHORD CAMPUS
Closest Major Sports Team
TACOMA RAINIERS (AAA)
Closest Junior College
PIERCE COLLEGE

Demographic Data | 98597 (Yelm, WA)

Vacant Dwellings: 750
Owner Occupied Dwellings: 6,586

Ethnic Background

86% White
2% African American
2% American Indian
1% Native Islander
2% Asian
5% Multiple Types
2% Other
Total Population: 24,198
Population per Sq. Mile: 216
Population Change Since 2000: 72.59%
Households w/Children: 3,047
Median Age: 37
Household Income: 63,478K