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Investment Highlights

  • Rare Live / Work Setting
  • 30 Minutes from beaches and 60 minutes from Olympia
  • Seller is open to owner financing.
  • Room for expansion
  • Business will enjoy abundant exposure

Executive Summary

Attractive owner financing available on this high visibility commercial property, located 2 blocks from vibrant downtown arts & shopping district. This versatile property features functional main building with main level conference room, kitchen, office/retail spaces & detached garage. Special permitting allows upstairs residence - great for a live-work setup or expanded commercial space. Outdoors, offers a fenced double lot, ideal for garden inspired gatherings, seating or future expansion, backed by 8 parking spaces. Zoning allows for retail, office, cafe, co-op, gallery space and more. Adjacent lot (315 W. 1st St.) available separately or bundled.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
2,655 SF
Building Class
C
Year Built/Renovated
1906/2023
Price
$460,010 CAD
Price Per SF
$173.26 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
CR - Commercial Residential
Parking
8 Spaces (3.01 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Fenced Lot
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Keybank
ColorTyme
Denny's
Safeway
Dutch Bros
CrossFit
Toyota

Property Taxes

Property Taxes

Parcel Number
029404500200
Land Assessment
$87,518 CAD
Improvements Assessment
$291,437 CAD
Total Assessment
$378,955 CAD
  • Listing ID: 37949653

  • Date on Market: 2025-10-04

  • Last Updated:

  • Address: 305 W 1st St, Aberdeen, WA 98520

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