101 SW 2nd St, Chehalis, WA 98532

Chehalis
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: nisha a tomar
Office: lee & associates commercial re
MLS#:2495226
Source:NWMLS
101 SW 2nd St,Chehalis, WA 98532
$10,250,000
  • - Beds
  • - Baths
  • 32,560 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$10,250,000
  • Price per sq. ft.:$314.8

About this home

Cascade School Apartments is a 51-unit historic adaptive-reuse multifamily community originally built in 1922 and thoughtfully redeveloped through 2024–2025, blending timeless architecture with modern residential upgrades. Designed by Tacoma-based firm Hill, Mock & Griffin, the property features high ceilings, expansive windows, and durable construction that create a distinctive living environment rarely found in today’s market. Supported by federal historic tax credits and a property tax reduction, the asset offers an attractive basis, reduced near-term Cap Ex, and improved long-term cash flow stability. Located in the heart of downtown Chehalis along the I-5 corridor between Seattle and Portland, the property benefits from strong regional connectivity, walkable access to local amenities, and a supply-constrained market supported by ongoing downtown revitalization. With four-sided site access, dual entry points, future development potential on the 2.08-acre site, and possible...

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Home facts

  • Year built:1922
  • Subdivision & Development:Chehalis
  • Listing ID #:2495226
  • Updated:October 10, 2026 at 11:18 AM

Rooms and interior

  • Living area:32,560 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1922
  • Building area:32,560 sq. ft.
  • Lot area:2.08 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk
  • Construction Materials:Brick Exterior Finish

Schools

  • High school:W F West High
  • Middle school:Chehalis Mid
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Available

Finances and disclosures

  • Price:$10,250,000
  • Price per sq. ft.:$314.8
  • Tax amount:$14,724 (2026)

Features and amenities

  • Amenities:High Speed Internet

Parking

  • Total parking spaces:102
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 10, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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