14802 International Boulevard, Tukwila, WA 98168
- $2,230,000
Listing courtesy of Better Properties NW. Selling Office: Homes & Equity Real Estate Grp.
- Sold Price
- $2,230,000
- List Price
- $2,500,000
- Status
- SOLD
- MLS#
- 2188081
- Closing Date
- May 15, 2024
- Days on Market
- 43
- Annual Tax Ammount
- 20284
Property Description
This commercial property is situated in a prime location on International Boulevard in Tukwila, making it an ideal investment opportunity for developers, investors, and owner-users alike. The property is home to well-known neighborhood businesses and boasts multiple long-term tenants, making it a great value and an excellent opportunity for those looking to invest in commercial real estate. With an impressive 7% cap rate, this property can provide a solid return on investment. The building features a spacious interior that can be customized to suit your business needs. Additionally, the property offers ample parking space for customers and employees, making it convenient for visitors to access the building.
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Additional Information
- Community
- Tukwila
- Building Condition
- Fair
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1967
- # of Assigned Spaces
- 40
- Roof
- Flat, Torch Down
- Tax Year
- 2022
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Concrete, Laminate, Wall to Wall Carpet
- Flooring
- Concrete, Laminate, Carpet
- Driving Directions
- South I-5Take exit 154. merge onto WA-518 W, follow signs to WA-99 N, use the L 2 lanes turn L onto Pac Hwy S/Tukwila inter Blvd, turn R onto S 148 st, then Turn R.
- Electric Expenses
- 6886
- Other Expenses
- 6397
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $156,438
- Gross Scheduled Income
- $203,280
- Water/Sewer/Garbage Expenses
- $4,088
- Cap Rate
- 7
- Total Expenses
- $46,842
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.