2810 E Spencer Lake Road, Shelton, WA 98584
- $769,950
Listing courtesy of M4 Real Estate Group.
- List Price
- $769,950
- Status
- ACTIVE
- MLS#
- 2492251
- Days on Market
- 135
- Annual Tax Ammount
- 3351.83
Property Description
Commercial investment opportunity with strong upside potential near Spencer Lake. Currently operating as Cara’s Corner Country Store, this 4,212 sq ft commercial building sits on a full acre with ample parking and great visibility along E Pickering Rd just off Hwy 3, capturing steady local traffic and seasonal recreation flow from Spencer Lake, Harstine Island, and surrounding communities. The business generated over $533K in recent annual sales, demonstrating strong local demand. With historical usage as a restaurant/bar, commercial bakery, and laundromat, the property has supported diverse commercial operations and retains infrastructure suitable for multiple future concepts. The building includes commercial kitchen facilities & flexible interior space for continued retail use or repositioning. The one-acre site & large parking area offer flexibility for future expansion depending on buyer vision and permitting. Located along a well-traveled corridor near Spencer Lake and just minutes from downtown Shelton, this property benefits from strong visibility and steady local traffic. A rare opportunity to acquire both real estate & an established business location with significant long-term upside potential. Large site offers flexibility for expanded commercial uses
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Additional Information
- Community
- Spencer Lake
- Building Condition
- Very Good
- Style
- 75 - Retail
- Year Built
- 1993
- # of Assigned Spaces
- 20
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional, See Remarks
- Flooring
- Ceramic Tile, Concrete, Vinyl Plank
- Driving Directions
- From Shelton take Hwy 3 N/E for about 7.5 Miles - Right on E Pickering Road. Go 1/4 mile and turn Right on E Spencer's Lake Rd. Property is on the corner of Pickering and E Spencer's Lake Rd.
- Electric Expenses
- 11943
- Energy Source
- Electric, Propane
- Gross Adjusted Income
- $533,256
- Gross Scheduled Income
- $533,256
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