126 15th Street SE in Puyallup
Listing ID: | 2351777 (Commercial) |
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Listing Price: | $1,245,000 |
Days on Market: | 35 |
Details | |
Lot Size: | 0.29 acre (12,800 sqft) |
Prime Puyallup commercial property offers a compelling investment opportunity. The 3,680 square 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 cap rate over 7%, 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. Current lease is through Oct 2028, Don't miss this income-generating asset in a great market & location!

This listing is provided courtesy of NWMLS, contributed by Real Estate 2000 Inc.