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Listed by Better Properties Real Estate Mark Hulen
$ 2,600,000
Est. payment | /mo
1.2 Acres Lot
$ 2,600,000
Est. payment | /mo
1.2 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Parkland
MLS Listing ID 2444009
Style 61 - Comm Bldg Ovr 10K
Year Built 1959
Annual Tax Amount $33,128
Lot Size 1.196 Acres
Property Sub-Type Commercial Industrial
Property Description
Great opportunity to own a 20,000 square foot +/- commercial building in Parkland. First time on the market in over 50 years. A good mix of tenants. Very low vacancy. The adjacent 1/2 acre +/- vacant lot is included (Parcel #031909-2-059). Urban Corridor (UCOR): Maximum density of 60 housing units per acre and generally a maximum height of 55 feet. 76 parking spaces! Buyer to verify all information. Call today for more details. Cap rate based on commercial building only. Vacant lot valued at $600,000, so affects the total cap rate.
Location
State WA
County Pierce
Area 63 - Parkland
Interior
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood Products
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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Angie Sherman
Licensed REALTOR | Client Consultant