16601 Pacific Ave S, Spanaway, WA 98387

Sold
Perfect investment property with redevelopment potential and upside in rents. Sale includes two tax parcels totalling 1.02 acres situated on a signalized corner next to Burger King and across the street from Starbucks. The four buildings provide rental income through the investments/redevelopment plan for the highest and best next use with MUD Zoning ( mixed-use development). New roofs in July 2020. Income is proforma – See Offering memorandum for actual and proforma rents.
Broker: Ricky L. Mouw (46387)
Office:RE/MAX Northwest Realtors
Property Details
SOLD: $1,575,000
Address: 16601 Pacific Ave S
City: Spanaway
State: WA
Zip: 98387
MLS#: 1646711
Beds: n/a
Baths: n/a
Square Feet: n/a
Garage: n/a
Year Built: n/a
Status: Sold
Baths: n/a
Square Feet: n/a
Garage: n/a
Year Built: n/a
Status: Sold