$595,000
Est. $3,024/mo5 bd•2 ba•4,148 sq ft
703 W Railroad, Shelton, WA 98584
• Listed 2026-06-30•10 days on market
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Based on information submitted to the MLS GRID as of July 11, 2026 at 10:22am (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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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.
Listed by Nikki Boad • Agency One
Listing updated: July 11, 2026 at 10:22am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2547575
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
See more →$821,000
+$226,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $427K and $1.15M.
Rental earnings
$2,475/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$610,500Last sold price
505 S 8th, Shelton, WA 98584
$475,000Last sold price
522 N 3rd Street, Shelton, WA 98584
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
703 W Railroad, Shelton, WA 98584
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,479 per month
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Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Shelton School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Shelton is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 28 days.
$610,500 Sold
2 months ago
4 bd•1 ba•~3,090 sq ft•Single Family
505 S 8th, Shelton, WA 98584
5%
Under list
—
Days on market
0.3 mi
Distance
$475,000 Sold
3 months ago
6 bd•3 ba•~3,220 sq ft•Single Family
522 N 3rd Street, Shelton, WA 98584
5%
Under list
—
Days on market
0.4 mi
Distance
$465,000 Sold
3 months ago
5 bd•2 ba•~2,592 sq ft•Single Family
126 Hawthorn Lane, Shelton, WA 98584
1%
Under list
—
Days on market
0.6 mi
Distance
$380,000 Sold
3 months ago
3 bd•1 ba•~2,114 sq ft•Single Family
1720 Jefferson Street, Shelton, WA 98584
3%
Under list
—
Days on market
0.7 mi
Distance
$299 Sold
4 months ago
•Single Family
117 N 8th Street #500, Shelton, WA 98584
0%
Over list
—
Days on market
0.1 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
