8820 59th Avenue SW, Lakewood, WA 98499

$1,025,000

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: eLink Realty.

Sold Price
$1,025,000
List Price
$1,175,950
Status
SOLD
MLS#
880281
Closing Date
Nov 01, 2017
Days on Market
1326
Bank Owned
Yes

Property Description

Great investment property! About 2700 sq ft available and 5350 leased to one long term tenant. Newer office building. Fresh paint, new floorings, 8050 total rentable sq ft. Current tenant has 5year leases and began in April, 2015. Through March 2020 with 2/3 year option to extend w/ 3% yearly increases! Must see!

Additional Information

Community
Lakewood
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
2000
# of Assigned Spaces
28
Roof
Built-Up, Flat, Metal
Potential Terms
Cash Out, Conventional
Interior Features
Heat Pump, Wall to Wall Carpet
Flooring
Vinyl, Carpet
Driving Directions
S Tacoma Way to West on Steilacoom Blvd. North on 59th Ave SW
Gross Scheduled Income
$150,180
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