109 Interstate Avenue Sw, Chehalis, 98532
MLS® #: 2312353
Active, 347 Days on Market
Listing Office: On Point Real Estate
Last Update: 2025-11-03
0
Garages
347
Dom
0.29
Acres
2003
Built
Established national restaurant tenant on a visible freeway location near the exit. This sale includes the building and ground lease, the land is not included. The lessee invested in a major interior upgrade last year. Both the lessee's 5-year renewal options and the ground lease run through 2043. Ownership has been pretty hands-off, tenant pays for everything except the ground lease. Priced at a 6.6% cap rate for long-term stable income. Feel free to drop in and have lunch. Please do not bother the staff without an appointment. Broker/owner.
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $250,000 to $225,000 | |
| Date: | Details: Price Reduced from $290,000 to $250,000 | |
| Date: | Details: Price Reduced from $350,000 to $290,000 |
Features of 109 Interstate Avenue Sw
| MLS® # | 2312353 |
|---|---|
| Price | $225,000 |
| Bathrooms | 0.00 |
| Acres | 0.29 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Sub-Type | Commercial Industrial |
| Status | Active |
Community Information
| Address | 109 Interstate Avenue Sw |
|---|---|
| Area | 430 - Chehalis |
| Subdivision | Chehalis |
| City | Chehalis |
| County | Lewis |
| State | WA |
| Zip Code | 98532 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Heat Pump |
|---|---|
| Cooling | Heat Pump |
| Fireplace | No |
Exterior
| Exterior Features | Wood |
|---|---|
| Foundation | Poured Concrete |
Additional Information
| Days on Market | 347 |
|---|---|
| Cumulative Days on Market | 347 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | On Point Real Estate |
|---|
Listing Map
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