3865-- 3901 Steilacoom Blvd SW Unit 1-19 $5,125,000

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    3865-- 3901 Steilacoom Blvd SW Unit 1-19 Lakewood, WA 98499

    • 4.21 Acres
    • Commercial/Industrial
    Listing# 1333983 | Active
    Days On Market: 437 14 Views
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    Property Details

    ~INVESTOR ALERT~STEILACOOM SQUARE 5 ACCESTS 95% Leased-out Commercial Property with only 3 Vacant Suites. Located in the Heart of Lakewood. C-2 Zoning allows for Multiple Uses for Retail & Industrial.Most Suites has 3-phase Power, & Fire Suppression Systems in most the Buildings, 21 Grade Level Doors, 20 Foot Warehouse Heights, Ample Parking & Street Front Exposure on Steilacoom Blvd. Easy Access to I-5 and SR-512, Highway 99. ~ Do Not Disturb or Approach Tenants ~ MOTIVATED SELLER BRING OFFERS!

    • General Features
      • County Pierce
      • Zoning Class Commercial
      • Zoning Jurisdiction City
      • Style 61-Comm Bldg Ovr 10K
      • Approx Building SqFt 52,737
      • Approx Whse/Mfg SqFt 34,310
      • Approx Office SqFt 17,913
      • Total Uncovered Parking 217
      • Total Covered Parking 0
    • Building Features
      • Exterior Cement/Concrete
      • Foundation Slab
      • Roof Flat
      • Floor Covering Concrete, Vinyl, Wall-to-Wall Carpet
      • Features Signage Included, Sprinklered
      • Heating and Cooling Forced Air
      • Ceiling Height 10-20
      • Loading 10'-15' Doors, Grade
    • Property Features
      • Lot Square Footage 183,389
      • Depth of Lot 393
      • Site Frontage 424
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 5322
      • Sewer Sewer Connected
      • Sewer Company Pierce County / Pierce County
      • Energy Source Electric, Natural Gas
      • Power Company Lakewood Light & Power
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 2
      • Total SqFt Rented 46,923
      • Total Monthly Rent $41,107
      • Gross Rent Multiplier 10
      • Cap Rate -NOI div LP 7.6
      • Gross Scheduled Income $544,680
      • Gross Adjusted Income $544,680
      • Total Expenses $0
      • NOI $486,090
      • Electrical Expenses $25,007
      • Tax Expense $58,999
      • Heating Expense $0
      • Insurance Expense $6,147
      • Annual Assoc. Dues $0
      • Other Expenses $3,652
      • Tax Year 2018

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    Neighborhood

    98499 (Lakewood) Demographics

    34Median Age
    3,326Population Density (per sq. mile)
    27%College Educated
    $37,982 Estimated Median Income
    4,262Estimated Total Home Owners
    8,373Estimated Total Renters
    34% / 66%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    30,630Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $320,000 Median Sales Price
    24 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: $5,125,000
        8/2/2018 3:04:00 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.