Thurston County

Homes for Sale

Start of property details

Share this property:
Listing courtesy of NWMLS IDX Logo
11750 N US Highway 101
Shelton, WA 98584
LISTING
FEATURED
$1,600,000
Active
3.60
Acres
MLS# 2480043
Cumulative Days on Market: 217 · Includes prior listings · Currently listed since 02/13/26 · Data provided by the MLS.

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.

Ask a Local Expert

Property Highlights

Property Type
Commercial Sale
Property Sub Type
Commercial Industrial
Acres
3.60

Location

Area
175 - Shelton
City/Township
Shelton
Subdivision
Shelton
County
Mason
Zoning Description
Business, Commercial, Multi-Family, Residential, Retail

Property Details

Price
$1,600,000
Property Type
Commercial Sale
Property Sub Type
Commercial Industrial

Building

Structure Type
Unspecified

Interior Features

Heating and Cooling

Heating Features
Baseboard

Building Details

Construction

Foundations
Pillar/Post/Pier

Materials

Construction Materials
Wood

Terms

Terms

Special Conditions
None
Special Terms
Cash, Conventional

Taxes

Tax

Tax (Annual)
$6,977.33

Heating, Cooling & Utilities

Utilities

Sewer
Septic
Water Source
Individual Well

Green Energy

Power Production Type
Electric

Lot

Acres
3.60
Lot Size Area Sq Ft
156,816

Exterior Features

Exterior Features
Wood Products
Listing Data last updated 09/18/2026 02:00 am
Get a Link to this Property: Copy To Clipboard
QR Code link to this property

Phone:
Connect with:

Payment Calculator

per month. fixed. % interest.
$
%
$
%
Principal & Interest
+ Home Insurance
+ Property Tax
+ HOA Fees
per month
Total interest paid over s will be:
All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 18-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
Get Walk Score Content

Property History

Today
Property information last updated
216 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 217 days (includes prior listings) · Currently listed since February 13, 2026. Data provided by the MLS.

Similar Properties

Virgil Adams Real Estate