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    20715 8th Avenue E

    Spanaway, WA 98387
    • $8,750,000
    • STATUS: Pending
    • ON SITE: 62 Days
    • ID#: 1826622
    Under Contract
    UPDATED: 63 min ago
    $8,750,000
    • 0
      BEDS
    • 4.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Re/Max Extra Inc..

    Description

    Excellent investment opportunity w/ great cash flow! Securely monitored 479 storage units, 90 outside storage, office & house included. Same owner past 40 years. Well maintained! Great onsite managers live in house & run office. Plenty of room to expand! 3 100x50 spaces avail for 3 additional buildings (up to 150 more units.) Owner has large shop 40x48 and 24x10 carport & 34x24 building that could be additional units (has been used for personal storage) - all for great added income! 2 gated entries w/ new touchpads- one each side of road. Close to Hwy 7. Most of the bigger units have new metal doors. Units on West side of road were built in 1992. Office being remodeled, new security cameras. Don't miss out!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-22T08:14:58.22.

    www.alchemyre.com/homes/120678754
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    20715 8th Avenue E Spanaway, WA 98387

    • Price: $8,750,000
    • Status: Pending
    • Updated: 63 min ago
    • ID#: 1826622
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.81
    Acres
    1978
    Built
    Neighborhood:
    Spanaway
    County:
    Pierce
    Area:
    Spanaway
    Property Description
    Excellent investment opportunity w/ great cash flow! Securely monitored 479 storage units, 90 outside storage, office & house included. Same owner past 40 years. Well maintained! Great onsite managers live in house & run office. Plenty of room to expand! 3 100x50 spaces avail for 3 additional buildings (up to 150 more units.) Owner has large shop 40x48 and 24x10 carport & 34x24 building that could be additional units (has been used for personal storage) - all for great added income! 2 gated entries w/ new touchpads- one each side of road. Close to Hwy 7. Most of the bigger units have new metal doors. Units on West side of road were built in 1992. Office being remodeled, new security cameras. Don't miss out!
    Exterior Features

    Carport YN No Covered Spaces 12 Exterior Features Metal/VinylWood Lot Size Dimensions 424X259x406x237 & 507X173x676x249 Open Parking YN No Parking Total 95 Roof CompositionMetal Structure Type Warehouse Style Code 78 - Warehouse Topography Level

    Interior Features

    Building Area Total 0 Fireplace YN No Flooring ConcreteSoftwood Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Concrete Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

    Property Features

    Association Fee 0 Association Fee Frequency Not Specified Electric On Property YN No Energy Source Electric First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 587362 Possession Closing Possible Use BusinessCommercialSee Remarks Power Company Tpu Power Production Type Electric Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Septic Tank Sewer Company Septic Special Listing Conditions None Tax Annual Amount 69132 Tax Year 2021 Utilities Septic SystemElectricity Available Water Company Spanaway Water Source Public Zoning Class BusinessCommercialSee Remarks Zoning Jurisdiction County

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Alchemy Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-22T08:14:58.22.

     
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    Alchemy Real Estate
    2921 Eastlake Ave E
    Seattle WA, 98102
    Listing Courtesy of Re/Max Extra Inc..