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109 Interstate Avenue SW Chehalis, WA $ 200,000
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$ 200,000 Get more info
109 Interstate Avenue SW
$ 200,000
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Share Save

109 Interstate Avenue SW

Chehalis, WA, 98532
$ 200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,248

Listed by On Point Real Estate
109 Interstate Avenue SW, Chehalis, WA 98532 - Image 1

Commercial Property for sale in Chehalis, WA

for $200,000. This building was built in 2003 on a lot size of 0.29.

Established national restaurant tenant on a visible freeway location near the exit. This sale includes the building and ground lease, the land is not included. The lessee invested in a major interior upgrade last year. Both the lessee's 5-year renewal options and the ground lease run through 2043. Ownership has been pretty hands-off, tenant pays for everything except the ground lease. Priced at a 7.4% cap rate for long-term stable income. Feel free to drop in and have lunch. Please do not bother the staff without an appointment. Broker/owner.

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Commercial Active

Price

$ 200,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.29

Year Built

2003

Town/City

Chehalis

County/Region

Lewis

MLS | Web ID

2312353
Features
General
Living Area 0
Sewer Sewer Connected
Heating Heat Pump
Cooling Heat Pump
Possession Closing
Roof Metal
HOA Fee 0
Year Built 2003
Topography Level
Property Subtype Commercial Industrial
Tax Year 2024
County Lewis
Net Operating Income 14749
Insurance Expense 2687
Property Type Commercial Sale
HOA N
Subdivision Name Chehalis
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions Exit 76 from I-5. Sign in SE quadrant.
City Chehalis
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 1
MLS Area 430 - Chehalis
Lot Size Units Square Feet
Lot Size Square Feet 12632
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 0
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks Established national restaurant tenant on a visible freeway location near the exit. This sale includes the building and ground lease the land is not included. The lessee invested in a major interio
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Water Company City
Total Actual Rent 3000
Water Sewer Garbage 0
Property Style 75 - Retail
Cap Rate 7.4
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 16
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 85X150
Lot Size Acres 0.29
Irrigation Water Rights Y/N N
Site Frontage 85
Parking Uncovered Total 16
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Interior
Flooring Concrete Vinyl
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2312353
Street Number 1 109
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* Excluded Features
List By
Scott Horner

Listing Agent

On Point Real Estate

Broker

Affordability Calculator

$1,248
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,248
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/6/2025$200,000 -11.11% Price Down
9/8/2025$225,000 -10.00% Price Down
7/22/2025$250,000 -13.79% Price Down
3/14/2025$290,000 -17.14% Price Down
11/21/2024$350,000 Listed Price

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109 Interstate Avenue SW, Chehalis, WA, 98532 is a Commercial Property for sale at $200,000 with a lot size of 0.29. 109 Interstate Avenue SW was built in 2003. The property's zip code is 98532 which is in Chehalis, WA

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