Listing provided courtesy of Real Estate 2000 Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2503544
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Request Info1907 Olympic Highway NShelton, WA 98584
Commercial · 1.10 Acres$1,599,900
Active
1907 Olympic Highway N Overview
- Visits:
- 3
Welcome to Mountain View Park, located at 1907 Olympic Highway N, Shelton, WA 98584. $217,392 Gross Proforma, $116,992 Net Proforma, and a 6.496% Proforma Cap Rate. Net income has strong upside potential through sub-metering water and power, passing through garbage expenses, and transitioning to self-management. Current proforma assumes lease-up of vacant units and a 5% rent increase effective March 1, 2026 on 25 occupied units. The park includes 31 total units with city water and sewer: 30 mobile, RV, and cottage rentals, plus an office building with conversion potential. Currently, 25 units are rented, with 5 vacant units available to lease. Some vacant units require improvements before becoming operational. Don’t miss this excellent opportunity to own an income-generating property with significant upside. Please view with discretion and do not disturb tenants. Thank you for your understanding.
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1907 Olympic Highway N Facts & Features
- Type Commercial
- Lot 1.10 Acres
Details
General
Association/HOA
- Association Fee: $0.00
Location/Region
- Country: US
- County Or Parish: Mason
- MLS Area Major: 175 - Shelton
- Subdivision Name: Mountain View
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 320185121003
- Property Sub Type: Commercial Industrial
- Property Type: Commercial Sale
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- 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
- Heating: No
- Living Area: 0
- Main Level Bathrooms: 0
Exterior
Parking Information
- Open Parking: No
- Parking Total: 0
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 1.1003
- Lot Size Square Feet: 47928
- Lot Size Units: Square Feet
- Elevation Units: Feet
Building Exterior/Construction
- Structure Type: Manufactured House
General Information
- Carport: No
- Number Of Units Total: 0
- Sewer: Available
1907 Olympic Highway N Neighborhood
Community
98584 (Shelton) Demographics
41
Median Age
100
Population Density (per sq. mile)
29%
College Educated
$60,388
Estimated Median Income
10,032
Estimated Total Home Owners
3,729
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
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.1907 Olympic Highway N Monthly Cost
1907 Olympic Highway N Market Data
Based on the last 30 days in this zip code
$539,800
Average List Price
$306
Average Price per Square Foot
46
Properties Sold
71
Average Days on Market
258
Properties for Sale
1907 Olympic Highway N History
| Date | Value | Agent |
|---|---|---|
| 6/9/2026Source: NWMLS | $1,599,900 -5.9% |
|
| 5/16/2026Source: NWMLS | $1,699,900 -5.6% |
|
| 4/14/2026Source: NWMLS | April 14, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |