Listing provided courtesy of G Anderson Group LLCNWMLSas Distributed by MLSGrid- MLS# NWM2056845MLS Provider

109 W Main StreetElma, WA 98541

Commercial · 0.18 Acres
$299,000 Active

109 W Main Street Overview

Visits:
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Own a piece of Elma's history! Situated on a prominent corner in the heart of downtown Elma, this charming mixed-use building dates back to the late 1800s and is filled with character that simply can't be replicated. Offering a unique blend of commercial and residential income potential, the property is currently home to a hair salon and contractor's office on the main level, with a comfortable 1-bedroom, 1-bath apartment occupying the upper floor. Over the years, the building has undergone numerous updates while maintaining its historic charm, including a newer roof, interior and exterior paint, updated bathrooms, flooring, lighting fixtures, and more. A detached 576-square-foot garage provides additional storage space with two separate storage areas, creating even more flexibility for tenants or owners. Whether you're seeking an investment property, owner-user opportunity, or a 1031 exchange replacement property, this well-maintained downtown landmark offers excellent visibility, multiple income streams, and a prime location along Elma's bustling Main Street. Don't miss the chance to own a timeless piece of downtown Elma with endless possibilities for the future.

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109 W Main Street Facts & Features

  • Type Commercial
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Gross Scheduled Income: 27600
  • Insurance Expense: 1872
  • Net Operating Income: 16958
  • Water/Sewer/Garbage: 4764

Building Information

  • Year Built: 1889

Location/Region

  • Country: US
  • County Or Parish: Grays Harbor
  • MLS Area Major: 200 - Elma
  • Subdivision Name: Elma

Tax Information

  • Tax Annual Amount: $2,038.00
  • Tax Year: 2023

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 043000100301
  • Possible Use: Commercial
  • Property Condition: Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 1692
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Vinyl
  • Foundation Details: Pillar/Post/Pier
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas

Exterior

Parking Information

  • Open Parking: No

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1824
  • Lot Size Dimensions: 63' x 119' x 65' x 120'
  • Lot Size Square Feet: 7945
  • Lot Size Units: Square Feet
  • Site Frontage: 65
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 4
  • Sewer: Available, Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1000

Unit 4 Details

  • Actual Rent: 250

Unit 3 Details

  • Actual Rent: 600

Unit 1 Details

  • Unit Type: Construction Office
  • Actual Rent: 450

109 W Main Street Neighborhood

Community

98541 (Elma) Demographics

41
Median Age
51
Population Density (per sq. mile)
22%
College Educated
$52,029
Estimated Median Income
2,816
Estimated Total Home Owners
1,232
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

109 W Main Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

109 W Main Street Market Data

Based on the last 30 days in this zip code

$646,507
Average List Price
$336
Average Price per Square Foot
10
Properties Sold
86
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network