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7522 28th Street W

University Place, WA 98466
  • $1,200,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 1941934
UPDATED: 64 min ago
$1,200,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1904
County:

School Ratings & Info

Northwest MLS logoListing Courtesy of Better Properties Up/Fircrest.

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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-06-25T20:15:00.91.

www.nwhomeexperts.com/homes/129439734
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7522 28th Street W University Place, WA 98466

  • Price: $1,200,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 64 min ago
  • ID#: 1941934
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1904
Built
Neighborhood:
University Place
County:
Pierce
Area:
University Place
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.
Exterior Features

Carport YN No Exterior Features Wood Open Parking YN No Parking Total 13 Roof Composition Structure Type Office Style Code 73 - Office Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Flooring HardwoodVinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Interior Features HardwoodWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Energy Source Electric FIRPTAYN No Irrigation Water Rights YN No Listing Terms Cash OutConventionalOwner FinancingSee Remarks Net Operating Income 81232 Possession Closing Possible Use Office Power Company Tacoma Public Utilities Power Production Type Electric Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company Pierce County Sewer Special Listing Conditions None Tax Annual Amount 5949 Tax Year 2021 Utilities Sewer ConnectedElectricity Available Water Company Tacoma Public Utilities Water Source Public Year Built Effective 1990 Zoning Class Office Zoning Jurisdiction City

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-06-25T20:15:00.91.

 
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2211 Elliott Avenue Suite 200
Seattle WA, 98121
Northwest MLS logoListing Courtesy of Better Properties Up/Fircrest.