11750 N US Highway 101 Shelton, WA $ 1,600,000
11750 N US Highway 101
$ 1,600,000
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11750 N US Highway 101

Shelton, WA, 98584
$ 1,600,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,851

Listed by Virgil Adams Real Estate, Inc.
11750 N US Highway 101, Shelton, WA 98584 - Image 1
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Commercial Property for sale in Shelton, WA

for $1,600,000. This building was built in 1956 on a lot size of 3.6.

A premier commercial development opportunity awaits with this fully approved Planned Unit Development, designed for six buildings featuring 88 total units and a 3,000 sq ft commercial pad. The Station @ Shelton Springs is poised to deliver much-needed housing to the area, with plans for 84 apartment units, 4 townhomes, and flexible mixed-use potential.Positioned along Hwy 101 with convenient access from Shelton Springs Road and directly across from Sanderson Airfield, this high-visibility location offers excellent connectivity to Olympia and I-5, just 25 miles away. The property spans three parcels totaling 3.6 acres within Mason County’s Urban Growth Area and sits in an Opportunity Zone, offering potential tax deferral benefits for up to 10 years.The years-long approval process has already secured water and sewer availability, high-density allowances, parking and open-space approvals, and mixed-use zoning — giving the next owner a near shovel-ready project. Development can be completed in phases, and the zoning allows for multiple pathways if residential is not the preferred use.With its strategic location, flexible zoning, and significant income-producing potential, this project represents a rare chance to deliver a legacy development in one of Shelton’s most promising growth corridors.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 6,977

Style

Comm Bldg Und 10K

Lot Size

3.6

Year Built

1956

Town/City

Shelton

County/Region

Mason

MLS | Web ID

2480043

Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard
Possession Closing
HOA Fee 0
Property Subtype Commercial Industrial
Tax Year 2025
County Mason
Property Type Commercial Sale
HOA N
Subdivision Name Shelton
Possible Use Business Commercial Multi-Family Residential Retail
Special Listing Conditions None
Status Active
Directions From Olympia North on Hwy 101 to address on right across from Airport. Additional access at 1483 E Shelton Springs road.
City Shelton
Senior Community Y/N N
Zoning Description Business Commercial Multi-Family Residential Retail
Number Of Units Total 0
MLS Area 175 - Shelton
Lot Size Units Square Feet
Lot Size Square Feet 156816
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 6977.33
Public Remarks A premier commercial development opportunity awaits with this fully approved Planned Unit Development designed for six buildings featuring 88 total units and a 3 000 sq ft commercial pad. The Station
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company Individual Well
Property Style 60 - Comm Bldg Und 10K
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Exterior
Exterior Amenities Wood Products
Water Source Individual Well
Total Parking 0
Foundation Details Pillar/Post/Pier
Building Area Total 0
Lot Size Acres 3.6
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
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 NWM2480043
Street Number 1 11750
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* Excluded Features
List By
Rick M. Wilson

Listing Agent

Virgil Adams Real Estate, Inc.

Broker

Affordability Calculator

$10,433
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$581
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
2/13/2026$1,600,000 Listed Price

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11750 N US Highway 101, Shelton, WA, 98584 is a Commercial Property for sale at $1,600,000 with a lot size of 3.6. 11750 N US Highway 101 was built in 1956. The property's zip code is 98584 which is in Shelton, WA