Pending

$450,000

0 Beds 0 Baths 0 SQFT 0.24 Acres
Type: Pending

19815 Mountain Highway E
Spanaway, WA 98387

MLS#: 2585428
Presented by: Yelm Windermere and NWMLS

Property Description

 

**LOCATION. VISIBILITY. INCOME. FLEXIBILITY.** This high-visibility mixed-use commercial property delivers all four! Retail space, multiple storefronts, and an apartment upstairs. Situated on a prime .24 acre corner lot along busy Mountain Highway with approximately 3,160 sq ft total, offering ample parking and a fully remodeled 1-bedroom apartment upstairs. The 2,584 sq ft main level is designed for maximum flexibility, with an established busy hair salon that's occupied for 7 years and enjoys use of a shared 1/2 bath; a huge open retail space (formerly home to a successful boutique w/2 dressing rooms) has intentionally been left vacant for new owners vision and next business venture. A back-corner space features a large room with vaulted ceilings, plumbing for 2 more sinks, and a 3/4 bath. While two additional smaller rooms in the front have a separate entrance to the parking lot/Mountain Highway and also provisions for a sink. The two larger vacant areas have an estimated rental value of $3,000/month combined, excluding the two smaller front rooms. Updated double-pane vinyl windows, nearly new exterior paint, new roof in 2017, 3 mini-splits, laminate floors, served by a well & septic which keeps utility costs down, and numerous upgrades throughout. Apartment and hair salon have seen 100% occupancy in recent years and both would like to stay. Owner-occupy, lease multiple spaces, or create your own commercial hub—this property can cash-flow even without full occupancy!


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0

General

Building Area Units0 sqft
Carport Y/NNo
CitySpanaway
CoolingDuctless
CountyPierce
DirectionsFrom Hwy 512, go South on Pacific Ave (turns into Mt Hwy) to building on Left corner of Mt Hwy and Field Rd E.
Electric Expense997
HOANo
HOA Fee$0
HeatingDuctless, Wall Furnace
Insurance Expense2827
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet10,628 sqft
Lot Size UnitsSquare Feet
MLS Area99 - Spanaway
NWM_ShowMapLinkY
Net Operating Income14017
Number Of Units Total2
PossessionClosing, See Remarks, Subject To Tenant Rights
Possible UseBusiness, Commercial, Office, Retail, See Remarks
Property ConditionGood
Property Style60 - Comm Bldg Und 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public Remarks**LOCATION. VISIBILITY. INCOME. FLEXIBILITY.** This high-visibility mixed-use commercial property delivers all four! Retail space, multiple storefronts, and an apartment upstairs. Situated on a prime .
RoofComposition, Torch Down
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusPending
StatusPending Feasibility
Structure TypeUnspecified
Subdivision NameSpanaway
Tax Annual Amount$5,442
Tax Year2026
TopographyLevel
Total Actual Rent2125
Virtual TourClick here
Water CompanyIndividual Well
Water Sewer Garbage1428
Year Built1955
Zoning DescriptionBusiness, Commercial, Office, Retail, See Remarks

Exterior

Building Area Total0 sqft
Covered Spaces0
Exterior AmenitiesMetal/Vinyl, Wood, Wood Products
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot Size Acres0.244
Parking Uncovered Total15
Site Frontage203
Total Parking15
Water SourceIndividual Well

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$450,000

0 Beds 0 Baths 0 SQFT 0.24 Acres
Type: Pending

19815 Mountain Highway E
Spanaway, WA 98387

MLS#: 2585428