122 W Main Street, Puyallup, WA 98371

$800,000

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Listing courtesy of Windermere Real Estate/East. Selling Office: Better Properties N. Proctor.

Sold Price
$800,000
List Price
$899,999
Status
SOLD
MLS#
2215295
Closing Date
Jun 26, 2024
Days on Market
207
Annual Tax Ammount
5365

Property Description

Seize a once in a lifetime opportunity to own the iconic “Rose Building” in downtown Puyallup. This unique mixed-use building features a restaurant and hair salon on the main floor, plus two spacious 2-bedroom apartments on the second floor. Originally built in 1949 and rebuilt in 1984, the 3,344-square-foot structure sits prominently at the coveted corner of W. Main and 2nd St SW, inviting high foot traffic for businesses and ample light for the upper apartments. Each 840-square-foot apartment boasts 2 bedrooms, 1 bathroom, lots of light, in-unit washer-dryer, and air conditioning. Nestled in the heart of Puyallup's Central Business District with easy access to amenities and the train station, it boasts an impressive Walkscore of 89!

Additional Information

Community
Downtown
Style
60 - Comm Bldg Und 10K
Year Built
1949
Roof
Torch Down
Tax Year
2023
Potential Terms
Cash Out, Conventional
Interior Features
Wall to Wall Carpet, Laminate
Flooring
Laminate, Vinyl, Carpet
Driving Directions
GPS works
Electric Expenses
10500
Other Expenses
2310
Energy Source
Electric, Natural Gas
Net Operating Income
$64,829
Gross Scheduled Income
$86,253
Cap Rate
6
Total Expenses
$21,425
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.
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