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101 First | Shelton Mixed-Use

101 First offers a unique mixed-use investment in the heart of downtown Shelton, widely regarded as the gateway to Hood Canal and the Olympic Peninsula. The property features 28 studio units, 10 one-bedroom apartments, and four retail spaces positioned along the city’s primary commercial corridor. A second 5,000 square-foot parcel at the corner of 1st and Cota Street serves as dedicated parking for the property and is connected to the main building via a permanent skybridge.

Address

101 S 1st Street
Shelton, WA 98584

Type

Mixed Use, Multi-Family, Retail

Status

For Sale

Price

$ 4,350,000

Cap Rate

8.10%

# of Units

42

Price per Unit

$ 103,571

Available SF

21,450 SF

Price Per SF

$ 203

Land Area

14,375 SF

Year Built

1908 / 2000

Broker contact information