7820-7822 27th St W - Medical FOR SALE


University Place, WA 98466
$1,100,000 USD
253-380-5533
7820-7822 27th St W, University Place, WA for Sale
$1,100,000 USD
Medical - FOR SALE
1/30
null | Request Cap Rate

NEW


7820-7822 27th St W
University Place, WA 98466


HIGHLIGHTS

  • Potential to convert upper unit into two office spaces

OVERVIEW

Premier 4,000 Sq Ft commercial triplex or potential fourplex in the University Place Business District. This well maintained mixed-use property updated in 2007 is strategically located on a high-visibility street, has additional parking in the back, and access to public transit making it ideal for professional use or investment. Ground level features two 1,000 sq ft offices. One is currently leased by an established neurologist, and the other, a former dental office, is available for immediate use with the option to acquire dental equipment and furniture. The 2,000 sq ft vacant upper floor unit includes a reception area, kitchen and lunchroom, conference room, and a full bathroom. Five spacious offices offer versatility for office suites, coworking spaces, or professional services. The property delivers flexibility, excellent visibility, and immediate income potential. Contact us today to schedule a tour and explore its possibilities! Potential to convert upstairs into two office spaces. Buyer to verify all info to their satisfaction. Possible SBA 504 or 7A financing.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Professional Commercial Offices

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,999 SF

ZONING

-

APN/PARCEL ID

448000-0280

ASK ABOUT THIS PROPERTY

JR PoulsenBetter Properties CommercialMore Info
253-380-5533

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

JR PoulsenBetter Properties CommercialMore Info
253-380-5533

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