22659 Pacific Hwy S, Des Moines, WA 98198
- $2,395,000
Listing courtesy of Westlake Associates, Inc..
- List Price
- $2,395,000
- Status
- PENDING
- MLS#
- 2530631
- Days on Market
- 81
- Annual Tax Ammount
- 29688
Property Description
This rare infill asset consists of a 1998 construction 11,514 sq ft highway fronting office building together with a single-family residence and duplex on the same parcel, delivering diversified income streams in a high-visibility corridor. The property also sits on a large 29,959 SF lot zoned PR-C (Pacific Ridge Commercial) offering unique redevelopment opportunities.
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Additional Information
- Community
- Des Moines
- Style
- 73 - Office
- Year Built
- 1998
- Potential Terms
- Cash, Conventional
- Driving Directions
- From I-5, take the S 216th St / WA-99 exit toward Des Moines toward Pacific Hwy S, Turn onto Pacific Hwy S, The property at 22659–22669 Pacific Hwy S, Des Moines, WA 98198 will be on the right side.
- Other Expenses
- 13000
- Net Operating Income
- $143,671
- Gross Scheduled Income
- $230,878
- Water/Sewer/Garbage Expenses
- $27,156
- Cap Rate
- 6
- Vacancy Rate
- 5
- Total Expenses
- $75,663
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.