Rare mixed-use investment opportunity in the heart of downtown Shelton! This versatile property offers incredible flexibility for investors, owner-users, or entrepreneurs looking to establish a presence in a thriving downtown location. The upper level is currently occupied by long-term tenants who would love to stay, providing immediate rental income, but they are willing to vacate if a buyer prefers to occupy the space.The street-level commercial space offers endless possibilities, including retail, office, restaurant, studio, or service-based business. With excellent visibility, abundant street parking, and a prime downtown location, this property is well-positioned for a wide range of uses. MLS information does not fully reflect the property's restroom amenities. The building includes multiple toilets and several communal sinks.
Active
Listed by: AgencyOne • Nikki Boad
$595,000
703 W Railroad, Shelton, WA 98584
5beds
4,148sqft
:
Get pre-qualified$3,651/mo
Single Family Residence
Built in 1928
7,287 Square Feet Lot
$-- Zestimate®
$143/sqft
$-- HOA
What's special
Abundant street parkingExcellent visibility
- 33 days |
- 281 |
- 8 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Nikki Boad,
AgencyOne
Source: NWMLS as distributed by MLS GRID,MLS#: 2547575
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 2
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Other
- Level: Second
Other
- Level: Main
Other
- Level: Main
Bonus room
- Level: Lower
Den office
- Level: Lower
Dining room
- Level: Second
Entry hall
- Level: Main
Family room
- Level: Second
Kitchen with eating space
- Level: Second
Living room
- Level: Second
Utility room
- Level: Garage
Heating
- Fireplace, Baseboard, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dishwasher(s)
Features
- Flooring: Hardwood
- Basement: None,Bath/Stubbed
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Lower Level: 1, Upper Level: 1, Fireplace
Interior area
- Total structure area: 4,148
- Total interior livable area: 4,148 sqft
Property
Parking
- Total spaces: 10
- Parking features: Attached Garage, Off Street
- Has attached garage: Yes
- Covered spaces: 10
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Fireplace
Lot
- Size: 7,287 Square Feet
- Features: Corner Lot, Paved, Sidewalk, Cable TV, Gas Available, High Speed Internet, Patio
- Topography: Level
Details
- Parcel number: 320195111001
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Slab
- Roof: Composition,Flat
Condition
- Year built: 1928
Utilities & green energy
- Electric: Company: PUD3
- Sewer: Sewer Connected, Company: City of Shelton
- Water: Public, Company: City of Shelton
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Shelton
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $386,570
- Annual tax amount: $3,672
- Date on market: 6/29/2026
- Cumulative days on market: 35 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s)
Estimated market value
Not available
Estimated sales range
Not available
$3,486/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $595,000+25.3%$143/sqft |
Source:  NWMLS as distributed by MLS GRID #2547575 Report a problem | ||
| 5/23/2023 | Sold | $475,000-5%$115/sqft |
Source: Public Record Report a problem | ||
| 2/24/2023 | Pending sale | $499,999$121/sqft |
Source: NWMLS as distributed by MLS GRID #NWM1986237 Report a problem | ||
| 11/26/2022 | Price change | $499,999-4.8%$121/sqft |
Source: NWMLS as distributed by MLS GRID #1986237 Report a problem | ||
| 11/21/2022 | Price change | $524,999-4.5%$127/sqft |
Source: NWMLS as distributed by MLS GRID #1986237 Report a problem | ||
| 11/12/2022 | Price change | $550,000-8.2%$133/sqft |
Source: NWMLS as distributed by MLS GRID #1986237 Report a problem | ||
| 11/5/2022 | Price change | $599,000-4%$144/sqft |
Source: NWMLS as distributed by MLS GRID #1986237 Report a problem | ||
| 8/26/2022 | Price change | $624,000-3.9%$150/sqft |
Source: NWMLS as distributed by MLS GRID #1986237 Report a problem | ||
| 8/20/2022 | Listed for sale | $649,000+18%$156/sqft |
Source: NWMLS as distributed by MLS GRID #1986237 Report a problem | ||
| 1/18/2022 | Sold | $550,000+4.8%$133/sqft |
Source: NWMLS as distributed by MLS GRID #1874186 Report a problem | ||
| 12/30/2021 | Pending sale | $525,000$127/sqft |
Source: NWMLS as distributed by MLS GRID #1874186 Report a problem | ||
| 12/24/2021 | Listed for sale | $525,000+600%$127/sqft |
Source: NWMLS as distributed by MLS GRID #1874186 Report a problem | ||
| 1/8/2016 | Sold | $75,000-57.9%$18/sqft |
Source: Public Record Report a problem | ||
| 10/3/2014 | Sold | $178,229$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,672 -3.5% | $386,570 +19.5% |
| 2023 | $3,803 +12.5% | $323,560 +3.1% |
| 2022 | $3,381 | $313,710 -4% |
| 2021 | -- | $326,795 +9% |
| 2020 | $4,431 +2.4% | $299,780 +9.4% |
| 2018 | $4,329 +6.7% | $274,080 |
| 2017 | $4,057 -11.4% | $274,080 +0% |
| 2016 | $4,578 +8.2% | $274,005 -51.8% |
| 2015 | $4,232 -51% | $568,795 +1.2% |
| 2014 | $8,638 | $562,070 +1.2% |
| 2013 | $8,638 | $555,345 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98584
Nearby schools
GreatSchools rating
- 2/10Evergreen Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 3/10Oakland Bay Junior High SchoolGrades: 7-8Distance: 1.5 mi
- 2/10Shelton High SchoolGrades: 9-12Distance: 1.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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