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In The Heart Of Enumclaw! Incredible opportunity in the thriving downtown core to own this well diversified property! Gross income is approximately $32,000 per month with room to grow. The ground floor is home to The LEE Restaurant and three more small businesses. Upper two floors consist of 39 studio apartment units. Property totals 15,000 sf which includes 3 tax parcels. Behind the building are 33 parking spaces on site, plus curbside is available on Griffin Ave & Railroad St. Heat and hot water source is via a gas fired boiler in basement. Owner terms are 30% down, 7.5% interest rate, 30 year am, 10-15 year balloon.

Listed by:

KW Mountains to Sound Realty

Source: NWMLS, MLS#: NWM2221372

  • Property Type
    CommercialSale
  • Lot
    0.34 Acres

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Bruce Batson
  • Median Age
    44
  • Population Density
    52
  • College Educated
    38%
  • Estimated Median Monthly Income
    $90,223
  • Estimated Total Home Owners
    6,363
  • Estimated Total Renters
    2,121
  • Owner / Renter Divide
    75% / 25%
  • Estimated Average Household Size
    2
  • Total Population
    21,296
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 1110 Griffin Avenue


Schools

3
Byron Kibler Elementary School
  • Grades: KG-5
  • Public
3
Southwood Elementary School
  • Grades: PK-5
  • Public
3
Sunrise Elementary
  • Grades: KG-5
  • Public
4
Westwood Elementary School
  • Grades: PK-5
  • Public
4
Enumclaw Middle School
  • Grades: 6-8
  • Public
4
Thunder Mountain Middle School
  • Grades: 6-8
  • Public
2
Enumclaw Senior High School
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
4/10/2024Source: NWMLS Added to Database
April 10, 2024