About 126 15th Street Se
Prime Puyallup commercial property offers a compelling investment opportunity. The 3,680 sq ft, two-story building, strategically located off Main Street, features a versatile layout including 8+ offices, 4 conference rooms, and ample open space, allowing for potential value-add development. Currently occupied by a medical business, the property boasts a solid 6.9% capitalization rate, providing immediate & stable cash flow. 21 dedicated parking spaces enhance tenant appeal, while the Office Class C zoning offers flexibility for future tenant diversification or redevelopment. Investors should note that lease renegotiation possibilities exist. Conduct a thorough due diligence to capitalize on this income-generating asset in a good market.
Features of 126 15th Street Se
| MLS® # | 2351777 |
|---|---|
| Price | $1,245,000 USD |
| Acres | 0.29 |
| Year Built | 1994 |
| Type | Commercial Sale |
| Sub-Type | Commercial Industrial |
| Status | Active |
Community Information
| Address | 126 15th Street Se |
|---|---|
| Area | 83 - Puyallup |
| Subdivision | Puyallup |
| City | Puyallup |
| County | Pierce |
| Province | WA |
| Postal Code | 98372 |
Amenities
| Parking Spaces | 21 |
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Interior
| Interior Features | Laminate, Wall to Wall Carpet |
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Exterior
| Exterior Features | Cement/Concrete |
|---|---|
| Foundation | Poured Concrete |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Estate 2000 Inc. |
|---|