Description
Versatile live/work and investment opportunity in Chehalis. This 0.54-acre Light Industrial property includes a well-maintained 1,404 SF, 3-bedroom, 2-bath manufactured home plus a detached 3-bay shop and fully fenced yard. The home features vaulted ceilings, a spacious living room, dining area, open kitchen, private primary bath, newer heat pump, updated exterior paint and Trex decking. The shop offers excellent space for vehicles, equipment, storage, hobbies or an approved business use. Potential strategies include owner occupancy with workspace, renting the home and shop separately, or using the property as an income-producing commercial holding. Estimated rents are $1,250-$1,500 per month for the home and about $1,000 per month for the shop. Residential financing may be possible with some lenders and appraisers, but cash, commercial or portfolio financing may be a better fit. Buyer to verify zoning, permitted uses, financing, rental income and future redevelopment requirements with the City of Chehalis and appropriate professionals.
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3BEDS
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0.54ACRES
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2BATHS
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01/2 BATHS
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1,404SQFT
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$240$/SQFT
Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of BHGRE - Northwest Home Team.
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School Information
Description
Versatile live/work and investment opportunity in Chehalis. This 0.54-acre Light Industrial property includes a well-maintained 1,404 SF, 3-bedroom, 2-bath manufactured home plus a detached 3-bay shop and fully fenced yard. The home features vaulted ceilings, a spacious living room, dining area, open kitchen, private primary bath, newer heat pump, updated exterior paint and Trex decking. The shop offers excellent space for vehicles, equipment, storage, hobbies or an approved business use. Potential strategies include owner occupancy with workspace, renting the home and shop separately, or using the property as an income-producing commercial holding. Estimated rents are $1,250-$1,500 per month for the home and about $1,000 per month for the shop. Residential financing may be possible with some lenders and appraisers, but cash, commercial or portfolio financing may be a better fit. Buyer to verify zoning, permitted uses, financing, rental income and future redevelopment requirements with the City of Chehalis and appropriate professionals.
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