520 W Indian AvenueBrewster, WA98812

$1,299,500
$11,894 annual income
0.47 acres
215 days on market

VestorFilter™

Price per acre$2.76M/ac
Time on market19842 days

Property Description

Investment opportunity to buy the Brewster Medical Offices building in downtown Brewster, WA. Main floor is 9,045 SF with exam rooms, offices, and waiting areas, plus 4,503 SF basement with common area, kitchen, offices, and storage. Built in 1966 on a 0.47 acre lot with room to expand. Fully leased to reconfigure as a mixed-use office building after primary tenant relocates. Present lease model generates cap rate of 5% but lags current market rates. Located on W Indian Avenue with excellent visibility, corner-lot accessibility, and ample private and on-street parking. Walking distance to restaurants, shops, schools, and just 5 minutes to Three Rivers Hospital. Rare opportunity suitable for owner-occupied or investor.

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Financial Data

Original Price$1,299,500
Current Price$1,299,500
Property Taxes$6,474

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Home Facts

StatusActive
Year Built1966
Interior Features
Exterior Features
MLS IDNWM2166478