Listed by Van Dorm Realty, Inc
$650,000

525 Simpson Ave Hoquiam, WA 98550

Estimated payment $3,765/month

Total Views 7,567
1 Bed
1 Bath
5,000 Sq Ft
$130 Price per Sq Ft

Highlights

  • Property is near public transit
  • Loft
  • No HOA
  • Territorial View
  • Corner Lot
  • 3-minute walk to The Levee Street Boat Launch and Park

About This Home

Take advantage of this rare opportunity to buy in a prime location in Hoquiam and start building equity running your own business. This 5000+ square-foot building has been a well established motorcycle shop for many years. There are several new businesses up and down Simpson Avenue, and this building sits right on the corner in a busy area. Three parcels are included in this sale, the building, 2 vacant lots and the well established Motorcycle Business also includes a seperate space that can be used to rent out for another business or use to expand this business. Call and make an appointment to see this great opportuity for yourself today!

Listing Agent

Chase Lipke

Van Dorm Realty, Inc License #129586 Listed on: 02/14/2025

Van Dorm Realty, Inc

Co-Listing Agent

Anita Carlson

Van Dorm Realty, Inc License #25278

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2332802

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1948

Lot Details

  • 4,792 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Loft
  • Territorial Views
  • Home Security System

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Hoquiam Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1948
  • Buyer Agency Compensation: 2.5
  • Inclusions: Refrigerator(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 5000
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2332802?w=Consumer&agent=114037
  • Special Features: None
  • Cumulative Days on Market: 169

Interior Features

  • Basement: None
  • Appliances: Refrigerator(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Concrete, Laminate, Carpet
  • Interior Amenities: Concrete, Laminate Tile, Loft, Security System, Wall to Wall Carpet
  • Living Area: 5000
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 5000
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Refrigerator(s)

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced, SecuritySystem
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Hoquiam
  • WaterCompany: City of Hoquiam
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Hoquiam

Lot Info

  • Parcel Number: 051803601103
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet,Shop
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2100
  • AdditionalTaxIds: 051803601101,051803601102

Multi Family

  • EnergySource: Electric,Natural Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,573 $166,935 $21,250 $145,685
2023 $1,806 $166,935 $21,250 $145,685
2022 $1,690 $133,012 $20,000 $113,012
2021 $1,800 $133,012 $20,000 $113,012
2020 $1,858 $133,012 $20,000 $113,012
2019 $1,471 $133,012 $20,000 $113,012
2018 $1,835 $110,410 $20,000 $90,410
2017 $1,825 $115,432 $20,000 $95,432
2016 $1,848 $120,455 $20,000 $100,455
2014 -- $122,780 $20,000 $102,780
2013 -- $122,780 $20,000 $102,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 For Sale $650,000 -27.8% $130 / Sq Ft
02/13/2025 02/13/25 For Sale $900,000 -- $180 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Unknown
Previous Owner $130,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2332802

Northwest Multiple Listing Service (NWMLS)

APN: 051803601103