5314-5316 Orchard St W - Office/Residential FOR SALE


University Place, WA 98467
$2,250,000 USD
206-826-5784
5314-5316 Orchard St W, University Place, WA for Sale
$2,250,000 USD
Office/Residential - FOR SALE
1/7
null | Request Cap Rate

5314-5316 Orchard St W
University Place, WA 98467


HIGHLIGHTS

  • EXCELLENT OWNER/USER OPPORTUNITY WITH EXISTING INCOME
  • STRATEGIC LOCATION
  • DEDICATED PARKING
  • FLEXIBLE SPACE
  • RECENT CAPITAL EXPENDITURES
  • STRONG DEMOGRAPHICS

OVERVIEW

THE VARA GROUP is pleased to present the well established, mixed-use property in the University Place neighborhood of Tacoma, WA. Positioned on the cornerof 53rd St W and South Orchard Street, the property benefits from strong traffic exposure, with nearly 21,000 vehicles passing daily. The multi-tenant building offers 10,097 SF of flexible space, featuring a first-floor office, a finished basement/warehouse, and one residential apartment unit. The offering’s strategic location and diverse tenancy provide a unique opportunity for investors or businesses looking to expand their footprint in an e ver-growing market.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

MU

APN/PARCEL ID

022023-5010

ASK ABOUT THIS PROPERTY

Raymond 'RJ' VaraMarcus & MillichapMore Info
206-826-5784

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

Raymond 'RJ' VaraMarcus & MillichapMore Info
206-826-5784

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