Property Details
213 E Washington Street
Sequim, WA 98382
$895,000
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Property Overview
Excellent investment opportunity in ideal location, fully leased with long term tenants. High traffic along Sequim's busiest street (Washington St.) and on same block as US Post Office. Tenants: Edward Jones, La Petite Maison, Pedego Electric Bikes and Beal Carpet and Drapes. One tenant paying below market rent is month to month. Current Net income of $59,801. Parking lot with 14 dedicated spaces. La Petite Maison Blanche $1650/mo 1200sf, Edward Jones $2025.85/mo lease ends 3/2026 1200sf, Pedego Bikes $1815/mo lease ends 9/2028 2540sf appr., Beal Carpet $900/mo month-to-month 1300sf appr. Per seller, all interior walls can be moved/removed to make one large space and it is the main pillars that support the structure, not the walls.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Clallam
Neighborhood
Sequim
Listed
Apr 26, 2026
Financial Summary
Cap Rate
8.57%
Net Operating Income
$59,801
Gross Scheduled Income
$76,692
Total Actual Rent
$6,390/mo
Building & Use
Building Sq Ft
6,240
Total Units
4
Zoning
Commercial
Possible Use
Commercial
Lot Size
12,632 sqft
Year Built
1940
Exterior & Lot
Lot Size
0.29 sqft
Year Built
1940
Exterior Materials
Cement, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Cement/Concrete, Wood
Location
City
Sequim
County
Clallam
Coordinates
48.07939, -123.09992
Additional Information
Tax Year
2026
Annual Taxes
$3,547
Possession
Array
Based on information submitted to the MLS GRID as of May 9, 2026 5:00 PM. 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.
