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Village Winlock 202 NE 1st 5,975 SF 60% Leased Retail Building Winlock, WA 98596 $567,507 CAD ($94.98 CAD/SF) 7.70% Cap Rate
EXECUTIVE SUMMARY
Seize this rare opportunity to own a well-positioned, income-generating property in charming downtown Winlock. Spanning nearly 6,000 square feet, this mixed-use building is anchored by a long-term tenant on the ground floor w/ 2 ADA restrooms, ensuring stable, immediate returns. The upper level houses six studio offices w/ flexible leasing potential - ideal for freelancers, consultants, or boutique professionals seeking small office space in a centralized location. With its high visibility & flexible layout, this property is perfect for investors seeking a turn-key asset or entrepreneurs looking to expand. Don't miss this chance to own a cornerstone property in an area experiencing significant growth & planned future expansion!
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$3,512
|
$0.85
|
| Other Income |
$138
|
$0.03
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$3,651
|
$0.88
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,192
|
$0.29
|
| Net Operating Income |
$2,459
|
$0.59
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $3,512 |
| Annual Per SF | $0.85 |
| Other Income (CAD) | |
|---|---|
| Annual | $138 |
| Annual Per SF | $0.03 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $3,651 |
| Annual Per SF | $0.88 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $1,192 |
| Annual Per SF | $0.29 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $2,459 |
| Annual Per SF | $0.59 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,975 SF
Building Class
C
Year Built/Renovated
1915/2005
Price
$567,507 CAD
Price Per SF
$94.98 CAD
Cap Rate
7.70%
NOI
$43,698 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.71
Lot Size
0.08 AC
Zoning
C1
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Roof Terrace
- Air Conditioning
- Fiber Optic Internet
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Sahara Pizza
- Accommodation and Food Services
- 2,988 SF
- -
- Plus Electric and Cleaning
- Dec 2029
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Sahara Pizza | Accommodation and Food Services | 2,988 SF | - | Plus Electric and Cleaning | Dec 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 005907-000-000 | Improvements Assessment | $269,285 CAD |
| Land Assessment | $29,075 CAD | Total Assessment | $298,360 CAD |
PROPERTY TAXES
Parcel Number
005907-000-000
Land Assessment
$29,075 CAD
Improvements Assessment
$269,285 CAD
Total Assessment
$298,360 CAD
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Village Winlock | 202 NE 1st
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