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Listing provided by NWMLS, courtesy of Windermere Gig Harbor

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Active
$500,000
/mo   Edit
MLS# 1549173
Commercial/Industrial
Built 1947
1.531 acres
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    Description:   Residential home on 1.5 acres in commercial zoned (RB-2) multi use area. Best use would appear to be commercial use. Surrounded by commercial properties. High volume traffic area great for business exposure. Currently rented and used as a residential property. Will need frontage improvements to convert to commercial use. RB-2 zoning also allows duplex's at 12, 000 sq ft minimum lot size. Buyer to confirm potential uses and improvements needed etc. with City of Gig Harbor. Do not disturb tenants.

    Interior

    Approx. Sq Ft: 0 ft²
    Approx. Office Sq Ft: 0 ft²
    Approx. Whse/Mfg Sq Ft: 0 ft²
    Approx. Building Sq Ft: 1,116 ft²
    Energy Source: Electric
    Heating and Cooling: Baseboard
    Floor Covering: Vinyl, Wall to Wall Carpet

    Utilities

    Sewer: Sewer Connected

    Location

    City: Gig Harbor
    State: WA
    Zip Code: 98335
    Area: 7 - Artondale
    County: Pierce
    Latitude: 47.31676100
    Longitude: -122.59599800

    Building

    Year Built: 1947
    Foundation: Poured Concrete
    Roof: Composition
    Exterior: No
    Power Service in AMPS: 0

    Lot

    Depth of Lot: 175
    Environment Survey: N
    Boundary Survey: Y
    Lot Sq Ft: 66,695 ft²

    Site

    Community Name: In Town
    Number of Available Pads: 0
    Zoning Jurisdiction: City
    Site Frontage: 423

    Rent

    Terms: Cash Out, Conventional, Rehab Loan

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $2,887
    Electrical Expenses: 0
    Total Expenses: 0
    Tax Year: 2019
    Gross Scheduled Income: 0
    Vacancy Rate: 0
    Gross Adjusted Income: 0
    Total Expenses: 0
    Net Operating Costs: 0
    Cap Rate -NOI div LP: 0.00

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    Listing provided by NWMLS, courtesy of Windermere Gig Harbor