123 208th St E - Retail FOR SALE


Spanaway, WA 98387
$1,600,000 USD
253-988-6115
123 208th St E, Spanaway, WA for Sale
$1,600,000 USD
Retail - FOR SALE
1/32
null | Request Cap Rate

123 208th St E
Spanaway, WA 98387


OVERVIEW

Great income producer w/redevelopment potential on 1.95 acres in Spanaway. Property currently used for fabrication shop, contractor yard & offices w/RV parking & storage rentals. Increase income by leasing space occupied by owner. Secure electronic gate w/individual codes; covered & outside spaces, room to expand. 3 phase power; 3 bldgs: Bldg #1 approx. 240’x40’ w/160' covered exterior bays, enclosed 55’x35’ shop, w/second enclosed 25'x35’ workshop, both w/14’ ceilings; Bldg #2 - 40’x12’ & 3 offices w/shared bathroom; Bldg #3 - 2nd portable bldg 36’x12’; also, 2 income producing 8'x40' metal storage containers. Seller utilizes property for separate business and storage. More storage spaces available for future rent. Buyer and Buyer Broker to verify all information and to their satisfaction. Current Tenants are on month-to-month. Items that stay: Phone, computer (that controls the gate), video cameras and monitor, boiler for hot water. Please inquire about the RV parking tenant.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

MSF

APN/PARCEL ID

031804-4089

ASK ABOUT THIS PROPERTY

Mike ArmaniousKW CommercialMore Info
253-988-6115

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Mike ArmaniousKW CommercialMore Info
253-988-6115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.