8803 State Route 16 NW

    Gig Harbor, WA 98332
    • $849,950
    • STATUS: Contingent
    • ON SITE: 142 days
    • ID#: 1286466
    Under Contract
    UPDATED: 103 min ago
    $849,950
    • 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

    Fantastic income producing property in very hot Gig Harbor! Site features a two story building and warehouse. The building has had many recent upgrades including: new paint, roof, flooring, attic insulation. Long term tenants who want to stay. There is 900sf of vacant office/ retail space in the bottom floor.

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    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 Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-24T00:17:26.723.

    www.homesonthesound.com/homes/83260918

    8803 State Route 16 NW Gig Harbor, WA 98332

    • Price: $849,950
    • Status: Contingent
    • Updated: 103 min ago
    • ID#: 1286466
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    1971
    Built
    Neighborhood:
    Gig Harbor
    County:
    Pierce
    Area:
    Gig Harbor
    Property Description
    Fantastic income producing property in very hot Gig Harbor! Site features a two story building and warehouse. The building has had many recent upgrades including: new paint, roof, flooring, attic insulation. Long term tenants who want to stay. There is 900sf of vacant office/ retail space in the bottom floor.
    Exterior Features

    Building Condition Good Exterior Wood Products Foundation Slab Lot Depth 0 Lot Topography And Vegetation LevelSloped Roof Composition Site Frontage 0 Style 60 - Comm Bldg Und 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 15 Waterfront Footage 2800

    Interior Features

    Building Sq Ft 0 Floor Covering Ceramic TileHardwoodVinylWall to Wall Carpet Heating And Cooling Forced Air Office Sq Ft 5100 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 400500 Assessed Value Land 226100 Assessed Value Total 626600 Assessed Value Year 2017 Available Pads 0 Bank Owned No Boundary Survey 7.00 Cap Rate N Electrical Expenses 2878 Energy Source ElectricPropane Environment Survey N EPSEnergy 0 Expansion Area N Form17 Provided Free And Clear N General Zoning Classification Commercial Gross Adjusted Income 72960 Gross Rent Multiplier 11 Gross Scheduled Income 76800 Heating Expenses 905 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2593 Net Operating Income 59894 Other Expenses 466 Pad Ready N Possession ClosingSub. Tenant's Rights Power Company Peninsula Light Power Service Amps 0 Right Of First Refusal No Sewer Septic Sewer Company N/A Tax Amount 5824 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 13066 Total Expenses TEX 13066 Total Monthly Rent 5500 Vacancy Rate 5 Water Company Wa Water Service Water Sewer Garbage 400 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 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 Homes on the Sound 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 Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-24T00:17:26.723.

     
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    Listing Courtesy of Skyline Properties, Inc..