$1,299,500 $6,976 est/mo Sourced by Back At You

520 W Indian Avenue,Brewster, WA 98812

Brewster WA, 98812

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Description

Investment opportunity to buy the Brewster Medical Offices building in downtown Brewster, WA. Main floor is 9,045 SF with exam rooms, offices, and waiting areas, plus 4,503 SF basement with common area, kitchen, offices, and storage. Built in 1966 on a 0.47 acre lot with room to expand. Fully leased to reconfigure as a mixed-use office building after primary tenant relocates. Present lease model generates cap rate of 5% but lags current market rates. Located on W Indian Avenue with excellent visibility, corner-lot accessibility, and ample private and on-street parking. Walking distance to restaurants, shops, schools, and just 5 minutes to Three Rivers Hospital. Rare opportunity suitable for owner-occupied or investor.

Details

MLS#2166478
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1966
Days On Site298
Listing Provided ByCB Cascade - Lake Chelan | Adam Rynd
Buying Commision3%

Features

Acreage0.47

Market Activity 98812

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 2 minutes ago
StateWA
CountyOkanogan
CityBrewster
Zip Code98812
Area967 Brewster | Pateros
Community NameBrewster
Listing VS Median (in Brewster)
Price:
$1,299,500
low | high
Med:
$575,000
100% of Average
On Site:
298
low | high
Med:
123
100% of Average
Sourced by Back At You
Listing Updated: July 15, 2024 at 12:41:27 PM PDT