Listed by Nick Bowler and Ashley Stanaway from RE MAX Advantage

108 West Pleasant Avenue, Cashmere, WA, 98815

$510,000

25700 sq. ft.

Land

30+ days on the market

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What's around 108 West Pleasant Avenue

About this property

Opportunity rings in Cashmere! Two adjacent parcels totaling 0.59 acres offer multi-family zoning for up to 12 units, ideal for long-term or short-term rentals in this high-demand area. Current storage facility provides immediate income with room to expand on the vacant lot, creating strong cash flow potential. Excellent location with easy Hwy 2 & Hwy 97 accessperfect for travelers and tenants alike. Nearby 4-plex units rent for approx. $1, 900/month, and with a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. Build, expand storage, or combine both strategies for maximum return!

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