2401 S Meridian, Puyallup, WA 98373

$1,200,000

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Listing courtesy of Keller Williams Rty Tacoma. Selling Office: Keller Williams Rty Tacoma.

Sold Price
$1,200,000
List Price
$1,200,000
Status
SOLD
MLS#
2468214
Closing Date
Mar 17, 2026
Days on Market
2
Annual Tax Ammount
9983

Property Description

Exceptional commercial opportunity in a highly desirable, high-traffic location with approximately 204 feet of frontage on Meridian, providing excellent visibility and strong daily exposure. The property sits on a 46,000± square foot lot and is located in close proximity to Good Samaritan Hospital, making it especially attractive for medical, office, and mixed-use development. Zoned RM-20, the property allows for a wide range of high-demand development options including medical, multifamily, office space, and mixed-use projects. With flexible zoning and strong market fundamentals, the highest and best use is redevelopment, offering significant long-term upside. The sale includes two individual lots, creating additional flexibility for phased development, expansion, or separate use strategies. The seller is open to both sale or lease, providing multiple paths to capitalize on this prime location. Opportunities combining frontage, lot size, zoning flexibility, hospital proximity, and high traffic volume are increasingly rare in this corridor.

Additional Information

Community
Puyallup
Building Condition
Fair
Style
73 - Office
Year Built
1949
# of Assigned Spaces
15
Roof
Flat, Torch Down
Tax Year
2025
Potential Terms
Cash, Conventional, Lease Purchase, Owner Will Carry, See Remarks
Flooring
Vinyl, Carpet
Driving Directions
Head north on Meridian. Property on Rt hand side of Meridian heading towards Puyallup Fairgrounds/Good Sam Hospital
Energy Source
Electric
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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