1.11 acres | #2284586
Description
Discover an incredible investment opportunity in Roy with this versatile commercial property, currently operating as a transitional housing facility. Boasting 50% occupancy and exceptional return potential, this property is primed for success with systems and a dedicated management team already in place. With the right vision, there's immense potential to expand or repurpose the facility, though zoning must remain the same. The property offers tranquility with a river flowing alongside, while being conveniently located near bus stops, restaurants, and shops. Unoccupied wings offer additional income streams, and grants could be leveraged for future use, presenting incredible opportunities for growth and innovation.
Property Details
- Style61 - Comm Bldg Ovr 10K
- Property SubtypeCommercial Industrial
- Exterior MaterialsWood, Wood Products
- Date ListedAugust 31, 2024
- Sewer InformationSeptic Tank
- Structure TypeUnspecified
- Original List Price$3,250,000
- Property TypePurchase
- Taxes Annual$13,720
- MLS #2284586
- Cost3250000
- MLS #2284586
- Utility SourcePublic
- CountyPierce
- Acres1.11
- Year Built1930
- Property ConditionGood
- SubdivisionRoy
- Days on Market (Cumulative)112
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 18:48:16. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Marius ion (#NWM118191)
Listing Office: COMPASS (#NWM5813)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
