132 162nd St S $575,000

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    132 162nd St S Spanaway, WA 98387

    • 0.52 Acres
    • Commercial/Industrial
    Listing# 1528011 | Active
    Days On Market: 14 3 Views
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    Property Details

    Commercial Blding, showroom custom wired/lighting/smart system/insulated shop, plumbed heavy compressed Air. 2 Bays; 1 w/12ft rollup door, storage area. Floor leveled/painted. 3-phase power. 900sf+/- Off space w/kitchenette & full bath. 2.5ton energy eff HVAC installed 2016. Paved parking 20+/- spaces. Temp RV hookup, Upgraded septic to Triplex cert. High viz from Pacific Ave & all traffic. Painted in 2011 w/further updates/freshening 2019. Security/Cyclone fencing. DO NOT DISTURB TENANTS!!!!

    • General Features
      • County Pierce
      • Approx Building SqFt 3,650
      • Approx Office SqFt 900
      • Approx Whse/Mfg SqFt 2,750
      • Zoning Class Business, Commercial, Office, Retail
      • Lot Dimensions 150*150
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 20
      • Zoning Jurisdiction City
    • Building Features
      • Floor Covering Concrete, Hardwood, Vinyl
      • Features Signage Included, Storage
      • Heating and Cooling Forced Air, Heat Pump
    • Property Features
      • Depth of Lot 150
      • Site Frontage 150
      • Water-Sewer-Garbage 960
      • Sewer Septic
      • Sewer Company Septic
      • Energy Source Electric
      • Power Company Elmhurst Power
      • Number of Available Pads 0
      • Lot Square Footage 22,500
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 3,650
      • Total Monthly Rent $3,650
      • Gross Rent Multiplier 1312
      • Cap Rate -NOI div LP 5.99
      • Gross Scheduled Income $43,800
      • Gross Adjusted Income $43,800
      • Total Expenses $9,360
      • NOI $34,440
      • Electrical Expenses $1,800
      • Tax Expense $4,800
      • Heating Expense $0
      • Insurance Expense $1,800
      • Other Expenses $0
      • Tax Year 2018
      • Annual Assoc. Dues $0

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    Neighborhood

    98387 (Spanaway) Demographics

    34Median Age
    1,601Population Density (per sq. mile)
    27%College Educated
    $63,246 Estimated Median Income
    11,326Estimated Total Home Owners
    3,895Estimated Total Renters
    74% / 26%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    45,428Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $330,800 Median Sales Price
    86 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $575,000
        10/4/2019 4:51:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.