303 E Broadway Ave
Montesano WA 98563

303 E Broadway Avenue

303 E Broadway Ave Montesano WA 98563

Listing #: 708564 | Status: Available | Last Modified: 4/17/2026 |

For Sale
Paul Strawn
  • Phone:(360) 918-4381
  • Email:paul@rileyjackson.net
  • Office Name:Riley Jackson Real Estate
  • Office Phone:(360) 753-8000
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,510,000.0
  • $/SF$ 310.6
  • $/Unit$ 3,510,000.0
  • Listing StatusAvailable
  • Days on Market80
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 5.80 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units10
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF11300
  • Net Rentable Area11300
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF22738
  • Acres0.52
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyGrays Harbor
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaGrays Harbor
  • Tax ID #070700101300
  • Additional Parcels
  • ZoningMF
Construction
  • Year Built2022
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Multi-Family -- 10 Units

Public Comments

Built new in 2022, this 10-unit townhome-style multifamily asset offers the benefits investors seek in newer construction: modern building systems, attractive tenant layouts, and limited maintenance obligations. The property has been designed to promote strong tenant retention and efficient management. Located in Montesano, Washington, the governmental hub of Grays Harbor County, the property benefits from proximity to employment centers, services, and regional amenities. Current rents provide measured upside potential through future market adjustments, presenting investors with both stability and income growth prospects. An excellent fit for buyers pursuing durable, newer multifamily inventory or completing a 1031 exchange.

Listing Images