1110 Griffin Avenue Enumclaw, WA $ 3,795,000
1110 Griffin Avenue
$ 3,795,000
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1110 Griffin Avenue

Enumclaw, WA, 98022
$ 3,795,000
Baths0.0

Monthly Estimate*

$ 26,509

Listed by KW Mountains to Sound Realty
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Studio

Commercial Property for sale in Enumclaw, WA

for $3,795,000. This building was built in 1924 on a lot size of 0.3444.

In The Heart Of Enumclaw! Incredible opportunity in the thriving downtown core to own this well diversified property! Gross income is approximately $32,000 per month with room to grow. The ground floor is home to The LEE Restaurant and three more small businesses. Upper two floors consist of 39 studio apartment units. Property totals 15,000 sf which includes 3 tax parcels. Behind the building are 33 parking spaces on site, plus curbside is available on Griffin Ave & Railroad St. Heat and hot water source is via a gas fired boiler in basement. Owner terms are 30% down, 7.5% interest rate, 30 year am, 10-15 year balloon.

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Commercial Active

Price

$ 3,795,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,974

Style

Comm Bldg Ovr 10K

Lot Size

0.3444

Year Built

1924

Town/City

Enumclaw

County/Region

King

MLS | Web ID

2221372

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Other – See Remarks Radiator
Possession Tenant's Rights
Roof Flat Torch Down
Exterior Features Brick
HOA 0
Year Built 1924
Topography Level
Property SubType Commercial Industrial
Tax Year 2023
County King
Net Operating Income 288681
Insurance Expense 9145
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Central In Town
Possible Use Business Commercial Retail
Special Listing Conditions None
Status Active
Directions Traveling SE on Hwy 164 (Griffin) in the middle of town The Lee is on your right. Traveling NW it's on your Left. You can't miss.
City Enumclaw
Buyer Agent Compensation 2.0
Senior Community Y/N N
Total Units 6
MLS Area 300 - Enumclaw
Lot Size Square Feet 15000
Carport Y/N N
Street Name Griffin
Listing Terms Owner Financing See Remarks
Tax Annual Amount 15974
Electric Expense 12000
Property Condition Average
Public Remarks In The Heart Of Enumclaw! Incredible opportunity in the thriving downtown core to own this well diversified property! Gross income is approximately $32 000 per month with room to grow. The ground flo
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company Enumclaw
Total Actual Rent 31750
Zoning Class Business Commercial Retail
Water Sewer Garbage 37200
Property Style 61 - Comm Bldg Ovr 10K
Cap Rate 7.6
AFH 222
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Interior
Flooring Vinyl Vinyl Plank Carpet
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Living Area Units Square Feet
Power Production Type Electric Natural Gas
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Exterior
Water Source Public
Total Parking 35
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 100x150
Lot Size Acres 0.3444
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 100
Parking Uncovered Total 35
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Internal Only
OriginalMLSID NWM2221372
Street Number 1 1110
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* Excluded Features
List By
Tom Kittelman

Listing Agent

Kw Mountains To Sound Realty

Broker

Affordability Calculator

$27,840
Per Month
95%
5%
0%
Monthly Principal & Interest
$26,509
Monthly Property Taxes
$1,331
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$3,795,000 Listed Price

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1110 Griffin Avenue, Enumclaw, WA, 98022 is a Commercial Property for sale at $3,795,000 with a lot size of 0.3444. 1110 Griffin Avenue is a studio with 0.0 baths and was built in 1924. The property's zip code is 98022 which is in Enumclaw, WA