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Additional details
Listed by:Virgil Adams Real Estate, Inc. • Rick M. Wilson
$ 1,600,000
Est. payment /mo
Active
11750 N US Highway 101 Shelton, WA 98584
3.6 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Shelton
MLS Listing ID 2480043
Style 60 - Comm Bldg Und 10K
Annual Tax Amount $6,977
Lot Size 3.600 Acres
Property Sub-Type Commercial Industrial
Property Description
A premier commercial development opportunity awaits with this fully approved Planned Unit Development, designed for six buildings featuring 88 total units and a 3,000 sq ft commercial pad. The Station @ Shelton Springs is poised to deliver much-needed housing to the area, with plans for 84 apartment units, 4 townhomes, and flexible mixed-use potential.Positioned along Hwy 101 with convenient access from Shelton Springs Road and directly across from Sanderson Airfield, this high-visibility location offers excellent connectivity to Olympia and I-5, just 25 miles away. The property spans three parcels totaling 3.6 acres within Mason County's Urban Growth Area and sits in an Opportunity Zone, offering potential tax deferral benefits for up to 10 years.The years-long approval process has already secured water and sewer availability, high-density allowances, parking and open-space approvals, and mixed-use zoning — giving the next owner a near shovel-ready project. Development can be completed in phases, and the zoning allows for multiple pathways if residential is not the preferred use.With its strategic location, flexible zoning, and significant income-producing potential, this project represents a rare chance to deliver a legacy development in one of Shelton's most promising growth corridors.
Location
State WA
County Mason
Area 175 - Shelton
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
Building
Sewer Septic Tank
Water Individual Well
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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