Spanaway WA Real Estate & Commercial for Sale

Opportunity Knocks with this blank slate commercial property on an extra large corner lot. This property offers 145ft of Pac Hwy/Mtn Hwy frontage so imagine all the great things you can do with it and all the traffic that passes by daily! Huge 12,780 square foot lot for you to build to suit or take the existing bones and upgrade them some framing complete and brand new joists installed throughout the upper level. Previous owner to this one used property as lawyers office for many many years. Gas heat and inside framed out for multiple bathrooms upstairs as well. Buyer to do due diligence and verify all information to their satisfaction. The possibilities are endless with this property and did I mention LOCATION, LOCATION, LOCATION!

Prime multi-family development site suitable for 9-units. Water, Sewer, Gas & Electric are all in-street. 2 separate tax parcels offer a combined 16,112 SF w/ 4 underlining lots. Property is located w/in proximity to Spanaway Lake w/ an abundance of restaurants, grocery stores & other commercial centers only minutes away. Lot is cleared w/ level topography. Frontage on paved roads, A Street S & 173rd St S. Current owner has plans for 3-triplexes w/ 2-bdrm configurations + parking. Lots of preliminary work completed: survey, water availability certificate, preliminary meeting, architectural drawings, etc. Value of finished apartment project should be around $3-million & achieve gross yearly revenue of nearly $250K. Zoned MHR.