Expand your investment portfolio: Commercial development opportunity in the Yelm Central Business District. The initial design rendering & floor plan for a 5-story mixed use building has been completed. The city has indicated this building fits w/ their goals for downtown commercial development. The building is offering commercial space on the ground floor & 62 residential units on the uppers. Alternatively, if you are wanting to start afresh w/ your own designs, CBD zoning allows for retail & service oriented establishments (no food drive-through). Located on the main Yelm thoroughfare, w/ 119 ft of highway frontage & traffic in the thousands daily. 0.56 acres sitting on corner lot w/ additional alley access, & 2 blocks from city center.
MLS# | 2212099 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Active |
Days On Site | 406 |
Listing Provided By | RE/MAX Country | Cynthia Schmier |
Zoning | CBD |
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Acreage | 0.55 |
Property View | Yes |
State | WA |
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County | Thurston |
City | Yelm |
Zip Code | 98597 |
Area | 453 Yelm | Rainier |
Community Name | Yelm |
School District | Yelm High12 |
Listing VS Median (in Yelm) | |
Price: $375,000 low | high Med: $557,525 On site: 406 low | high Med: 39.000000 |