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$2,299,950 Pending Feasibility

7406 27th St W
University Place, WA 98466


18,831 sq ft,
1.48 acre lot
Commercial: Commercial - MLS# 1186902
Property Photo
1/20

Description

Investor Alert!! Great Cash Flow and Cap Rate. 18,831 square feet of space. This very nice building consists of 2 retail spaces located in the front, 40 office/retail interior units and a conference room. Abundance of parking. Sit's in the heart of University Place near Whole Foods, Trader Joe's, City Hall, Safeway, TCC & Fred Meyers.

Features

  • Acres: 1.4761
  • Approximate Office Square Feet: 16500
  • Area: University Place
  • Area Number: 32
  • Building Condition: Good
  • County/Area: Pierce County
  • Description Unit 1: 43 Units
  • Features: B|e
  • Floor Covering: Ceramic Tile, Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete, Slab
  • General Zoning Classification: C
  • Gross Adjusted Income: $286354
  • Gross Scheduled Income: $304632
  • Insurance Expenses: $3722
  • Lease Expiration Unit 1: 1800-01-01 00:00:00
  • Lease Expiration Unit 2: 1800-01-01 00:00:00
  • Lease Expiration Unit 3: 1800-01-01 00:00:00
  • Lease Expiration Unit 4: 1800-01-01 00:00:00
  • Lease Expiration Unit 5: 1800-01-01 00:00:00
  • Lease Expiration Unit 6: 1800-01-01 00:00:00
  • Listing Status: Pending Feasibility
  • Net Operating Costs: 195737
  • Other Expenses: $34043
  • Power Company: Tpu
  • Property Type: Commercial
  • Roof: Tile
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Sold Date: 1800-01-01 00:00:00
  • Sq.Ft.: 18831
  • Square Feet Unit 1: 16000
  • Sub Type: Commercial
  • Total Covered Parking: 80
  • Type of Use Unit 1: Retail & Office
  • Water Company: Tpu
  • Water Source: Public
  • Water/Sewer/Garbage: 21613
  • Year Built: 1985
  • Zip Code: 98466
©NorthWest MLS 2017. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than Google are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-09-19

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