601 Pacific Ave S - Storefront Retail/Residential FOR SALE


Long Beach, WA 98631
$999,900 USD
360-214-4747
601 Pacific Ave S, Long Beach, WA for Sale
$999,900 USD
Storefront Retail/Residential - FOR SALE
1/39
null | 7.07% Cap Rate

601 Pacific Ave S
Long Beach, WA 98631


HIGHLIGHTS

  • 80 ft of Pacific Ave. frontage in the heart of downtown Long Beach.
  • Multi-Use Zoning allows STR, Long term rentals, and Commercial use.
  • Turn-key business and property combo with plenty of off street parking.

OVERVIEW

LOCATION, LOCATION, LOCATION! This turn-key versatile multi-use property + thriving businesses is the investment at the beach that you have been dreaming of! Completely remodeled in 2022 this prime piece of real estate boasts 80 ft of Pacific Ave. frontage perfectly positioned in the heart of downtown Long Beach. Kraken Kafe has quickly become the quintessential spot to get your caffeine fix before renting bikes at Tsunami Cycle to ride the famed 8.5 mile Discovery Trail. All FOUR rental units are tastefully updated with vinyl plank flooring and fresh paint inside & out. The firepit, fenced yard & plenty of off street parking round out this solid investment. Step into the current owners success or build on it and make your dreams a reality!

FOR SALE DETAILS

PRICE

$999,900 USD

PRICE/SF

$237 USD /SF

CAP RATE

7.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kraken Kafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

UGA

APN/PARCEL ID

10111633020

ASK ABOUT THIS PROPERTY

Erin MarshRealty One Group PacificaMore Info
360-214-4747

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Erin MarshRealty One Group PacificaMore Info
360-214-4747

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.