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126 15th Street SE in Puyallup

Listing ID:2351777 (Commercial)
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!


NWMLS

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



Property Details

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