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Listed by:Yelm Windermere • Sheryl K. Williams
$ 450,000
Est. payment | /mo
10,628 Sqft Lot
$ 450,000
Est. payment | /mo
10,628 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Spanaway
MLS Listing ID 2585428
Style 60 - Comm Bldg Und 10K
Year Built 1955
Annual Tax Amount $5,442
Lot Size 10,628 Sqft
Property Sub-Type Commercial Industrial
Property Description
**LOCATION. VISIBILITY. INCOME. FLEXIBILITY.** This high-visibility mixed-use commercial property delivers all four! Retail space, multiple storefronts, and an apartment upstairs. Situated on a prime .24 acre corner lot along busy Mountain Highway with approximately 3,160 sq ft total, offering ample parking and a fully remodeled 1-bedroom apartment upstairs. The 2,584 sq ft main level is designed for maximum flexibility, with an established busy hair salon that's occupied for 7 years and enjoys use of a shared 1/2 bath; a huge open retail space (formerly home to a successful boutique w/2 dressing rooms) has intentionally been left vacant for new owners vision and next business venture. A back-corner space features a large room with vaulted ceilings, plumbing for 2 more sinks, and a 3/4 bath. While two additional smaller rooms in the front have a separate entrance to the parking lot/Mountain Highway and also provisions for a sink. The two larger vacant areas have an estimated rental value of $3,000/month combined, excluding the two smaller front rooms. Updated double-pane vinyl windows, nearly new exterior paint, new roof in 2017, 3 mini-splits, laminate floors, served by a well & septic which keeps utility costs down, and numerous upgrades throughout. Apartment and hair salon have seen 100% occupancy in recent years and both would like to stay. Owner-occupy, lease multiple spaces, or create your own commercial hub—this property can cash-flow even without full occupancy!
Location
Province WA
County Pierce
Area 99 - Spanaway
Interior
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Wood, Wood Products
Roof Type Composition,Torch Down
Building
Sewer Septic Tank
Water Individual Well
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://drive.google.com/file/d/1GlVJUm3Pkcb77qZnPalechJolubOExEe/view

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