8803 State Route 16 NW

    Gig Harbor, WA 98332
    • $850,000
    • STATUS: Pending Feasibility
    • ON SITE: 34 days
    • ID#: 1505195
    Under Contract
    UPDATED: 26 min ago
    $850,000
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Skyline Properties, Inc..

    Description

    Here is your chance to own an established, income producing property in a very hot and growing Gig Harbor location! The site features a one story building with a daylight basement and a large 2,800 sf warehouse with multiple bays. The main building has many upgrades including: new paint, flooring, attic insulation and water heater. There is one tenant on the top level who also leases the warehouse and one tenant on the bottom level. There is also 900sf of office/ retail that is vacant.

    Monthly Payment Calculator



    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 Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-18T20:17:09.26.

    www.bhgmckenzie.com/homes/97934566

    8803 State Route 16 NW Gig Harbor, WA 98332

    • Price: $850,000
    • Status: Pending Feasibility
    • Updated: 26 min ago
    • ID#: 1505195
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    1971
    Built
    Neighborhood:
    Gig Harbor
    County:
    Pierce
    Area:
    Gig Harbor
    Property Description
    Here is your chance to own an established, income producing property in a very hot and growing Gig Harbor location! The site features a one story building with a daylight basement and a large 2,800 sf warehouse with multiple bays. The main building has many upgrades including: new paint, flooring, attic insulation and water heater. There is one tenant on the top level who also leases the warehouse and one tenant on the bottom level. There is also 900sf of office/ retail that is vacant.
    Exterior Features

    Building Condition Remodeled Exterior Wood Products Foundation Slab Loading 1-3 Bays10'-15' Doors Lot Depth 148 Lot Topography And Vegetation LevelSloped Roof Composition Site Frontage 126 Style 60 - Comm Bldg Und 10K Total Covered Parking Spaces 4 Total Uncovered Parking Spaces 12 Waterfront Footage 2800

    Interior Features

    Building Sq Ft 4100 Floor Covering Ceramic TileHardwoodVinylWall to Wall Carpet Heating And Cooling Forced Air Office Sq Ft 1000 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 453400 Assessed Value Land 236500 Assessed Value Total 689900 Assessed Value Year 2020 Available Pads 0 Bank Owned No Boundary Survey 7.30 Cap Rate N Electrical Expenses 3845 Energy Source ElectricPropane Environment Survey N EPSEnergy 0 Expansion Area N Form17 Exempt Free And Clear N General Zoning Classification BusinessCommercialOffice Gross Adjusted Income 80940 Gross Rent Multiplier 0 Gross Scheduled Income 85200 Heating Expenses 3850 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2593 Net Operating Income 62732 Other Expenses 1230 Pad Ready N Possession ClosingSub. Tenant's Rights Power Company Peninsula Light Power Service Amps 0 Right Of First Refusal No Sewer Company N/A Tax Amount 6190 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 18208 Total Expenses TEX 18208 Total Monthly Rent 0 Vacancy Rate 5 Water Company Wa Water Service Water Sewer Garbage 500 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 Better Homes and Gardens Real Estate McKenzie Group 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 Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-18T20:17:09.26.

     
    Better Homes and Gardens Real Estate McKenzie Group
    19188 Eighth Avenue NE
    Poulsbo WA, 98370
    Listing Courtesy of Skyline Properties, Inc..