21222 Mountain Hwy E - Mountain Highway Industrial Site
20,600 SF Specialty Building Offered at $1,800,000 in Spanaway, WA 98387
INVESTMENT HIGHLIGHTS
- 2.36 acres site near cross street 210th ST CT E
- CE zoning allows a variety of uses a see link below
- Located between Spanaway Walmart and Bethel Station on SR 7
EXECUTIVE SUMMARY
Industrial property for sale or lease on Mountain Highway East (SR 7) located between the Spanaway Walmart and Bethel Station. Site is 2.36 acres and is currently used as a lumber mill and has +/- 20,000 SF of open sided structures and a 600 SF office. CE zoning allows a variety of retail, office and industrial uses including a contractor yard, truck maintenance or parking, industrial services, warehouses, distribution center and see attached CE zoning code link for more information. Asking sale price is $1,800,000 and asking lease rate is $9,000-$10,000 per month modified gross. Potential owner user property or possible investment property.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $1,800,000 |
| Price Per SF | $87 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Lumberyard |
| Building Class | C |
| Lot Size | 2.36 AC |
| Building Size | 20,600 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Tenancy | Single |
| Parking Ratio | 0.39/1,000 SF |
1 of 1
PROPERTY TAXES
| Parcel Number | 031810-1010 | Improvements Assessment | $99,500 |
| Land Assessment | $785,900 | Total Assessment | $885,400 |
ZONING
| Zoning Code | CE (Community Employment) |
