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Pending Feasibility Went pending in 50 days
$375,000
24,000 Sqft Lot
No Garage
403 Yelm Ave W Yelm WA 98597
The seller has reached an agreement with a buyer to sell this property. If things go as planned, the sale will become final in the near future. The buyer and seller have agreed on a price but it's not public until the sale closes. The last published list price was $375,000.
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.
Offer Review
No offer review date was specified
NWMLS Listing #
2212099
Listed by
Cynthia Schmier, RE/MAX Country
Adam Schmier, RE/MAX Country
We don't currently have a buyer representative in this area. To be sure that you're getting objective advice, we always suggest buyers work with their own agent, someone who is not affiliated with the seller.
Property History
May 08, 2024
Went Pending Feasibility
$375,000
NWMLS #2212099
Mar 20, 2024
Listed
$375,000
NWMLS #2212099
Jan 29, 2014
Sold
$75,000
NWMLS #348334
More
Listing Details
  • Status
    Pending Feasibility
  • Last Listed Price
    $375,000
  • Original Price
    Same as current
  • List Date
    March 20, 2024
  • Last Status Change
    May 8, 2024
  • Last Update
    May 14, 2024
  • Days on Market
    61 Days
  • Cumulative DOM
    50 Days
  • Pending Date
    May 8, 2024
  • Days to go Pending
    50
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
    NWMLS
  • MLS Number
    2212099
  • Listing Broker
    Cynthia Schmier
  • Listing Office
    RE/MAX Country
Monthly Payment Estimate
  • Principal and Interest
    $1,896 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $71 / month
  • TOTAL
    $1,967 / month

  • based on 20% down
    ($75,000)
  • and a
    6.5% Interest Rate
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Comm/Industrial
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    24,000 sqft Lot
  • Lot Size Source
    Tax Assessor
  • Lot #
    7&8
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • Property Taxes
    Unspecified
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Yelm
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Yelm High12
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Views
  • Territorial
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Paved
    Sidewalk
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
    VA Loan
Utilities
  • Sewer
    On Property
  • Water Source
    Available
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    3.0%
  • MLS Area #
    Area 453
  • Number of Photos
    17
  • Last Modification Time
    Tuesday, May 14, 2024 7:05 PM
  • System Listing ID
    5300288
Update Info
  • Pending Or Ctg
    2024-05-08 14:13:25
  • First For Sale
    2024-03-20 09:34:01
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Pending Feasibility May 8, 2024
$375,000  
Map 
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.
Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.