42921 Challenger Road, Concrete, WA
Others for Sale - $1,995,000 - 55 acres
Property Info
CIMLS# | 1089954 |
Location 42921 Challenger Road Concrete WA 98237 | |
Updated | December 7th, 2021 |
Type | Others |
Price | $1,995,000 |
Land | 55 acres |
Property Description
700 ft of riverfront on 60 plus acres, comprised of 13 parcels w/ a substantial income producing tenant, 10 shovel ready 1/2 acre building lots, well w/11,000 gal class B water systems only begin to describe this incredible opportunity. Once a thriving vineyard & winery, acreage includes home w/garage on 1.5ac, a second 2BR dwelling, metal roofed barn/outbuildings totaling approx 9500sf. on 1.4ac. The 53 acre parcel consists of timber acreage above (logging permit submitted), cleared productive farmland and river frontage w/ beach/boat access. Building lots have road in, power, water meters, perk/septic ok. 10 miles to Janicki Industries. Current Cap rate 6.4% potential over 14% by 2023. Possible Owner Terms.