Property Details

2546 State Route 101
Ilwaco, WA 98624
$795,000
MLS# 2565543 courtesy of NWMLS Listing firm: Berkshire Hathaway HS NW

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2546 State Route 101 , Ilwaco, WA 98624, Ilwaco

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2546 State Route 101 , Ilwaco, WA 98624, Ilwaco

1 / 34
Office / Retail
Property Type
4,660
Bldg Sq Ft
7.00%
Cap Rate
1940
Year Built

Property Overview

Rare opportunity to acquire one of the most strategically located commercial properties near the Long Beach Peninsula. Positioned on the primary gateway between Astoria and Long Beach, this 1.3-acre, income-producing property offers exceptional visibility, flexible Industrial zoning with permitted retail space, and outstanding long-term upside. Thousands of vehicles pass by this intersection daily. 4,660 SF total includes a 3,200 warehouse with a 10' roll-up door and fully fenced yard, 1064sqft retail/general store space, 396sqft office or prep building, two RV pads with full hookups, and 18+ parking spaces. Current month to month tenants provide immediate cash flow while preserving flexibility for future redevelopment, owner occupancy, or repositioning. Ideal for investors, contractors, retail, storage, service businesses, or a future travel center, this is a rare opportunity to secure a highly visible commercial asset in one of Southwest Washington's busiest coastal corridors. Owner financing may be considered with the right terms. Buyer to confirm all potential uses.

Property Details

Property Information

Property Type Commercial Sale
Subtype Commercial Industrial
Status Active
County Pacific
Neighborhood Ilwaco
Listed Aug 7, 2026
Structure Type Retail
Parcel Number 10112612026

Tax & HOA

Annual Property Tax $3,193 (2025)
Est. Monthly Tax $266/mo

Financial Summary

Cap Rate 7.00%
Net Operating Income $57,251
Gross Scheduled Income $73,200
Total Expenses $8,629
Vacancy Rate 10.0%

Building & Use

Building Sq Ft 4,660
Zoning Industrial,Retail,See Remarks
Possible Use Industrial, Retail, See Remarks
Lot Size 1.30 acres
Year Built 1940

Exterior & Lot

Lot Size 1.30 sqft
Year Built 1940
Exterior Materials Metal/Vinyl, Wood
Sewer Septic Tank
Exterior Features Metal/Vinyl, Wood Products

Community & Access

Directions Property is located on the intersection of US-101 and US-101 alternate, 3 miles east of Seaview WA.

Location

City Ilwaco
County Pacific
Coordinates 46.33049, -124.00446

Additional Information

Tax Year 2025
Annual Taxes $3,193
Possession Array
Listed By
John Boukalis
Berkshire Hathaway HS NW

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