126 15th Street SE
Puyallup, WA 98372
0.29 acres | #2351777
Description
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.
Property Details
- InteriorLaminate, Wall to Wall Carpet
- Property SubtypeCommercial Industrial
- Exterior MaterialsCement/Concrete
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Date ListedMarch 27, 2025
- Style73 - Office
- Original List Price$1,290,000
- Property TypePurchase
- SubdivisionPuyallup
- MLS #2351777
- Cost1290000
- MLS #2351777
- Acres0.2938
- Utility SourcePublic
- CountyPierce
- Taxes Annual$8,998
- Structure TypeOffice
- Year Built1994
- Days on Market (Cumulative)7
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-29 15:43:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Toni L. Beckvold (#NWM35175)
Listing Office: Real Estate 2000 Inc. (#NWM7314)
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