733 NW State Street Chehalis, WA $ 499,900
733 NW State Street
$ 499,900
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733 NW State Street

Chehalis, WA, 98532
$ 499,900
Bedrooms-- Baths--

Monthly Estimate*

$ 3,078

Listed by CENTURY 21 Lund, Realtors
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Commercial Property for sale in Chehalis, WA

for $499,900. This building was built in 1935 on a lot size of 0.206.

Investment Opportunity with Mixed-Use Income Potential. This property features four ground-level retail spaces and two upper-floor apartments. Two retail units are on the front side of State Avenue, and two on the front side of Folsom Street, each offering street-level visibility and on-street parking access. One apartment is currently occupied. The second unit (721B) is vacant and partially remodeled, providing an opportunity for the new owner to complete the project to their specifications. Improvements to date include replacement windows, removal of sheetrock, and initial remodeling work, allowing flexibility in final floor plan design. Well suited for an investor or owner-user seeking a property with multiple income streams. Buyer to verify all details to their satisfaction, including square footage, unit configuration, zoning, and permitted uses.

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Commercial Active

Price

$ 499,900

Property Type

Commercial

Taxes

$ 3,864

Style

Comm Bldg Und 10K

Lot Size

0.206

Year Built

1935

Town/City

Chehalis

County/Region

Lewis

MLS | Web ID

2469544

Features
General
Living Area 0
Sewer Sewer Connected
Cooling None
Possession Closing
Roof Composition Torch Down
HOA Fee 0
Year Built 1935
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Lewis
Net Operating Income 46551
Insurance Expense 1800
Property Type Commercial Sale
HOA N
Subdivision Name Chehalis
Possible Use Industrial
Special Listing Conditions None
Status Active
Directions Take I-5 Exit 79 go east on NW Chamber of Commerce Way to NW State Ave turn right onto NW State Ave and drive .5 miles 733 NW State Ave will be on the right.
City Chehalis
Senior Community Y/N N
Zoning Description Industrial-Light
MLS Area 430 - Chehalis
Lot Size Units Square Feet
Lot Size Square Feet 8972
Carport Y/N N
Listing Terms Cash Out Conventional Rehab Loan
Tax Annual Amount 3864
Electric Expense 1800
Public Remarks Investment Opportunity with Mixed-Use Income Potential. This property features four ground-level retail spaces and two upper-floor apartments. Two retail units are on the front side of State Avenue
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 5075
Water Sewer Garbage 3840
Property Style 60 - Comm Bldg Und 10K
Cap Rate 9
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Exterior
Exterior Amenities Metal/Vinyl Wood
Water Source Public
Total Parking 0
Foundation Details Pillar/Post/Pier Poured Concrete Slab
Building Area Total 0
Lot Size Acres 0.206
Irrigation Water Rights Y/N N
Site Frontage 195
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2469544
Street Number 1 733
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* Excluded Features
List By
Kip Barker

Listing Agent

Century 21 Lund, Realtors

Broker

Affordability Calculator

$3,400
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$322
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/20/2026$499,900 Listed Price

Map


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733 NW State Street, Chehalis, WA, 98532 is a Commercial Property for sale at $499,900 with a lot size of 0.206. 733 NW State Street was built in 1935. The property's zip code is 98532 which is in Chehalis, WA