Chehalis, WA 98532

Investment Opportunity! Here is a property fronting on Market Street in Chehalis that has the civil engineering complete for a Multi-Family Development and draft site plans for 15 Townhomes. Great location for rental units. Only 5-blocks to grocery store, on bus line, walking distance to large city park complex and schools. There is a 1,900 sq ft home on the site that could provide return while you are finalizing your plans and timing for construction. Seller recently had the house rented for $1,800 / month. Current price reflects work seller has or is completing that includes: demolition of metal pole building, demolition of detached garage, fill material installed and brought to grade, construction of retaining walls, GPS model is complete and paid for, Civil engineering approved and paid. Existing permits and draft plans of the proposed 15 townhouse units are available. This could be a great investment property for a sole owner or multiple investors.