Garrett, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Garrett, Washington Market population: 6K. Compare commercial properties across all major asset classes with...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Garrett IN Properties: 0.7700%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Garrett IN
Common questions from investors exploring commercial real estate in Garrett IN.
What's the overall investment potential of Garrett, IN, considering its demographics and economy?
+
Garrett, IN, with a population of 5,925 and a median age of 33.9, presents a stable investment environment, especially given its median household income of $42,719 and a relatively low poverty rate of 14.6%. The high health insurance coverage rate of 92.5% and short average commute time of 20.6 minutes suggest a reliable and healthy workforce, which is beneficial for rental income stability.
How does the ethnic diversity and industry mix in Garrett, IN, impact the demand for housing?
+
The ethnic diversity in Garrett, IN, with top ethnicities being White (49.0%) and White Non-Hispanic (47.7%), and a small but present Hispanic (1.6%) population, indicates a potentially stable community. The top industries, including Professional, Scientific, & Management, and Manufacturing, suggest a strong demand for housing from employed individuals, which can be favorable for investors, especially considering the low foreign born rate of 1.4% and the GINI coefficient of 0.349 indicating moderate income inequality.
What are the key factors to consider for real estate investment in Garrett, IN, in terms of property value and taxes?
+
The median property value of $82,300 and median property taxes of $1,515 in Garrett, IN, are crucial factors for investors. Combined with a high homeownership rate of 72.8%, these factors suggest a favorable market for property appreciation and rental yields, especially when considering the average commute time and health insurance coverage, which imply a stable and reliable tenant base.
How does the quality of life in Garrett, IN, influence its attractiveness to investors and tenants?
+
The quality of life in Garrett, IN, characterized by an average commute time of 20.6 minutes and a high health insurance coverage rate of 92.5%, makes it an attractive location for both investors and tenants. The top commute methods, including driving alone and carpooling, and the low public transportation usage rate of 1.1%, suggest that tenants value convenience and accessibility, which can impact rental demand and property values.
What insights can be gleaned from the combination of poverty rate, health insurance coverage, and top industries for assessing tenant quality and market stability in Garrett, IN?
+
The combination of a 14.6% poverty rate and a high 92.5% health insurance coverage rate in Garrett, IN, suggests a working-class market with a degree of employment stability. The presence of top industries like Professional, Scientific, & Management, and Manufacturing, further indicates a skilled workforce, which can contribute to a stable rental market and favorable investment conditions, especially when considering the median household income of $42,719 and the relatively low GINI coefficient of 0.349.
Garrett IN Real Estate & City Facts
Key facts and real estate information about Garrett IN.
What are some of the best neighborhoods to live in Garrett?
+
Some of the best neighborhoods to live in Garrett include the area around Randolph Street, which has a walkable downtown with historic Italianate storefronts and locally owned businesses. Other neighborhoods to consider are those near the city's parks, such as the one located on East Houston Street, which has a bandstand, pavilion, and playground.
What are some fun things to do in Garrett?
+
There are several fun things to do in Garrett, including visiting the Madworld Haunted Attraction, taking a stroll along the Raccoon River, or exploring the city's parks, such as the one on East Houston Street. You can also check out the local restaurants and shops in the downtown area.
What is the food scene like in Garrett?
+
The food scene in Garrett is diverse, with a range of restaurants serving everything from classic American comfort food to Italian and Mexican cuisine. Some popular restaurants include Shorty's, Pizza Hut, and the Blue Moon. There are also plenty of great food trucks and delivery options available.
What are the pros and cons of living in Garrett?
+
The pros of living in Garrett include its small-town charm, affordable housing, and strong sense of community. However, some cons to consider are the limited job opportunities and lower median household income compared to other areas. Additionally, the city's rural location may make it difficult to access certain amenities or services.
Is Garrett a good place to live?
+
Overall, Garrett can be a great place to live for those who value a close-knit community and a relaxed, small-town atmosphere. While it may not offer all the amenities and opportunities of a larger city, it has a unique charm and a range of outdoor recreational activities to enjoy. Ultimately, whether or not Garrett is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Garrett IN Commercial Property: $42,719
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement