403 Yelm Avenue West

Yelm, WA 98597

$375,000
Price
24,000 / 0.55
Lot Size / Acres

Description

Expand your investment portfolio: commercial development opportunity in the Yelm Central Business District! The hard work is done: Seller has already gone through the steps to get approval on a five story mixed use building offering 3 commercial spaces & 62 residential units. Permits are ready to be picked up - let the construction begin! Alternatively, if you are wanting to start afresh with your own designs, CBD zoning allows for retail or service oriented establishments (no food drive-through)....Expand your investment portfolio: commercial development opportunity in the Yelm Central Business District! The hard work is done: Seller has already gone through the steps to get approval on a five story mixed use building offering 3 commercial spaces & 62 residential units. Permits are ready to be picked up - let the construction begin! Alternatively, if you are wanting to start afresh with your own designs, CBD zoning allows for retail or service oriented establishments (no food drive-through). Located on the main thoroughfare of Yelm with 119ft of highway frontage providing thousands of passersby daily. 0.56 acres sitting on corner lot with additional alley access, across from Yelm Middle School, blocks from original main intersection.
  1. Listed by Cynthia Schmier • RE/MAX Country
  2. Listed by Adam Schmier • RE/MAX Country

Property Details for 403 Yelm Avenue West

Community Name
Yelm
School District
Yelm
View
Territorial
Entry Date
03-20-2024
Sewer
On Property

Location

Listing Courtesy of RE/MAX Country
Add your commute
LISTING UPDATED: 04/29/2024 01:02 PM

Property Details for 403 Yelm Avenue West

StatusActive
MLS #2212099
Days on Market43
Cumulative Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.55 AC
CountyThurston County

Location

Listing Courtesy of RE/MAX Country
Add your commute

Building Information for 403 Yelm Avenue West

Lot Size0.55 AC

Payment Calculator

$2,047 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 403 Yelm Avenue West

Summary
Location and General Information
  • Style: 43 - Comm/Industrial
  • Area: 453 - Yelm/Rainier
  • Block: 4
  • High School: Yelm High12
  • Directions: On corner of Yelm Ave and Rice St SW.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Carport: No
Virtual Tour
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Property Features: Partially Cleared
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: Available
  • Electric On Property: No
  • Gas Available: Available
  • Septic Design Installed: false
  • Septic Design Applied: false
  • Water Source: Available
  • Utilities: Natural Gas Available, Electricity Available
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Zoning Class: Business
  • Zoning Remarks: CBD
  • Lot Topography: Level
  • First Right Of Refusal: false
  • Improvements: Fenced-Partially,Outbuilding(s)
  • Possible Use: Business
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 17
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 7&8
  • Lot Size Source: Tax Assessor
  • Parcel Number Free Text: 75300400700
  • Calculated Square Footage: 0
  • Structure Type: Industrial
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 403 Yelm Avenue West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 403 Yelm Avenue West

This home is within Yelm School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Southworth Elementary School
PublicPK to 5

Yelm Middle School
Public6 to 8

Yelm High School 12
Public9 to 12

Yelm Extension School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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403 Yelm Avenue West is a 0.55 ac of land for sale in Yelm, WA 98597. This property was listed for sale on March 20, 2024 by RE/MAX Country, it's currently listed at $375,000. It has been on the market for a total of 43 days and was last sold on January 30, 2014. This listing's school district is Yelm School District. Nearby schools include Southworth Elementary School, Yelm Middle School and Yelm High School 12. 403 Yelm Avenue West is a 0-bed, 0-bath, 0.55 ac of land on a 24,000 sq. ft. / 0.55 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Country

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.