101 SW 2nd St
Chehalis WA 98532

Cascade School Apartments

101 SW 2nd St Chehalis WA 98532

Listing #: 710149 | Status: Available | Last Modified: 4/20/2026 |

For Sale
Candice Chevaillier, CCIM
  • Phone:(206) 604-3400
  • Email:cchevaillier@lee-associates.com
  • Office Name:Lee & Associates Commercial Real Estate Services
  • Office Phone:(425) 454-4242
  • Office Website:
Daniel Lim
Nisha Tomar
Dea Sumantri
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 10,250,000.0
  • $/SF$ 950.0
  • $/Unit$ 10,250,000.0
  • Listing StatusAvailable
  • Days on Market35
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 5.77 %
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
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units51
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF32560
  • Net Rentable Area10789
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF90605
  • Acres2.08
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyLewis
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaChehalis
  • Tax ID #004236002002
  • Additional Parcels
  • ZoningMRC
Construction
  • Year Built1922
  • Year Renovated2024
  • Completion Date
  • Roof Type
  • Construction Type

51-Unit Adaptive Reuse Multifamily for Sale

Public Comments

Historic Character | Modern Performance | Proven Basis Cascade School Apartments is a 51-unit historic adaptive-reuse multifamily community originally constructed in 1922 and designed by Tacoma-based architectural firm Hill, Mock & Griffin. The property reflects classic Progressive-Era institutional design, featuring high ceilings, expansive windows, and durable structural elements that create a distinctive and highly desirable living environment. The asset has been comprehensively redeveloped, with significant upgrades to building systems and residential interiors while thoughtfully preserving its historic character. This blend of old-world construction and modern finishes positions the property as a unique offering within today’s multifamily landscape. Supported by federal tax credit

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