Bought with T Edwards Co
$1,085,000
$1,200,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
7522 28th ST W University Place, WA 98466
0.28 Acres Lot
Key Details
Sold Price $1,085,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision University Place
MLS Listing ID 1941934
Sold Date 12/12/22
Style 73 - Office
Year Built 1904
Annual Tax Amount $5,949
Lot Size 0.279 Acres
Property Sub-Type Commercial Industrial
Property Description
Exceptionally well maintained owner/user or investment property in desirable University Place just off Bridgeport Way. Zoned MU-N 45, there are nine private offices, a kitchen, and two bathrooms. Best possibilities for the 2,852 SF building include micro offices with common reception, live/work environment, or possible duplex/triplex buildout. 1,800 SF of six self storage units range in size from 120 SF to 720 SF. They are heated and feature a 10' ceiling with metal rollup doors. The third 384 SF building is currently rented as a pottery shop, could easily be converted into a studio apartment with water, sewer, gas, and electricity. Current tenants rents below market with upside potential. Owner financing opportunity, call for details.
Location
State WA
County Pierce
Area 32 - University Place
Interior
Interior Features Hardwood, Wall to Wall Carpet
Flooring Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing, See Remarks
Listing Terms Cash Out, Conventional, Owner Financing, See Remarks
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.
