Property Details
104 Spruce Street E
Ilwaco, WA 98624
$1,150,000
Active
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Property Overview
The iconic Doupe Building is a ~ 18,000 sq. ft. property comprised of two connected buildings and a private parking lot, in the midst of transformation and ready for your vision. One luxury apartment and one commercial space are completed and operating with instant cash flow. Zoned for mixed-use, commercial plus short- or long-term rentals. ~ 10,000 sq. ft of commercial space, with potential for seven more apartments upstairs, and the possibility of multiple commercial spaces and apartments on the main floor. The roof, skylights, fire suppression system, and water mains are all new. Motivated seller willing to review all offers, including creative financing and partnership. List of upgrades available.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Pacific
Neighborhood
Ilwaco
Listed
Oct 29, 2025
Original Price
$1,500,000
Parcel Number
10113342014
Tax & HOA
Annual Property Tax
$1,539 (2025)
Est. Monthly Tax
$128/mo
Financial Summary
Net Operating Income
$29,161
Gross Scheduled Income
$49,200
Total Expenses
$20,039
Total Actual Rent
$4,100/mo
Building & Use
Building Sq Ft
18,000
Total Units
2
Sq Ft Rented
2,200
Zoning
Business,Commercial,Multi-Family,Office,Residential,Retail
Possible Use
Business, Commercial, Multi-Family, Office, Residential, Retail
Lot Size
17,860 sqft
Year Built
1896
Exterior & Lot
Lot Size
0.41 sqft
Year Built
1896
Exterior Materials
Cement, Stucco, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Cement/Concrete, Stucco, Wood
Community & Access
Directions
At the stop light in Ilwaco
Location
City
Ilwaco
County
Pacific
Coordinates
46.30864, -124.04301
Additional Information
Tax Year
2025
Annual Taxes
$1,539
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:09 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
