$295,000
Est. $1,517/mo109 W Main Street, Elma, WA 98541
• Listed 2023-04-17•31 days on market
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Own a piece of Elma's history! Situated on a prominent corner in the heart of downtown Elma, this charming mixed-use building dates back to the late 1800s and is filled with character that simply can't be replicated. Offering a unique blend of commercial and residential income potential, the property is currently home to a hair salon and contractor's office on the main level, with a comfortable 1-bedroom, 1-bath apartment occupying the upper floor. Over the years, the building has undergone numerous updates while maintaining its historic charm, including a newer roof, interior and exterior paint, updated bathrooms, flooring, lighting fixtures, and more. A detached 576-square-foot garage provides additional storage space with two separate storage areas, creating even more flexibility for tenants or owners. Whether you're seeking an investment property, owner-user opportunity, or a 1031 exchange replacement property, this well-maintained downtown landmark offers excellent visibility, multiple income streams, and a prime location along Elma's bustling Main Street. Don't miss the chance to own a timeless piece of downtown Elma with endless possibilities for the future.
Listed by Gary Anderson • G Anderson Group LLC
Listing updated: June 30, 2026 at 02:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2056845
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109 W Main Street, Elma, WA 98541
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Elma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 16 days.
$375,000 Sold
4 weeks ago
4 bd•2 ba•~1,826 sq ft•Single Family
1614 W Martin Street, Elma, WA 98541
3%
Under list
—
Days on market
0.9 mi
Distance
$460,000 Sold
6 weeks ago
•Single Family
514 W Main Street, Elma, WA 98541
0%
Over list
—
Days on market
0.3 mi
Distance
$400,000 Sold
7 weeks ago
•Single Family
0 Garden Hill Road E, Elma, WA 98541
33%
Under list
—
Days on market
0.9 mi
Distance
$375,000 Sold
8 weeks ago
4 bd•1.5 ba•~1,705 sq ft•Single Family
630 N 11th, Elma, WA 98541
2%
Over list
—
Days on market
0.7 mi
Distance
$359,000 Sold
2 months ago
2 bd•1 ba•~825 sq ft•Single Family
309 S 5th Street, Elma, WA 98541
0%
Over list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.