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Listed by:COMPASS • Lisa Le

$2,750,000

Est. payment - /mo

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1.11 Acres Lot

Pending

9414 357th ST S Roy, WA 98558

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Pending

Purchase Type For Sale

Subdivision Roy

MLS Listing ID 2341290

Style 61 - Comm Bldg Ovr 10K

Year Built 1930

Annual Tax Amount $14,347

Lot Size 1.110 Acres

Lot Dimensions 236x241x238x227

Property Sub-Type Commercial Industrial

Property Description

Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth. Unoccupied wings offer addl income streams, presenting a compelling opportunity for future development. Whether you decide to continue its current use or capitalize on new opportunities, this property provides outstanding return potential & a strong foundation for long-term growth. Rarely does a property with this scale & flexibility become available!

Location

State WA

County Pierce

Area 119 - Roy/Mckenna

Interior

Flooring Vinyl

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Waterfront Description River

Roof Type Composition

Building

Sewer Septic Tank

Water Public

Others

Senior Community No

Acceptable Financing See Remarks

Listing Terms See Remarks

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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