4109 Bridgeport Way W - University Place Development Land with Office
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4109 Bridgeport Way W - University Place Development Land with Office
1.44 Acres of Commercial Land Offered at $1,000,000 in University Place, WA 98466
Executive Summary
Opportunity to acquire 4109, 4107 and 4105 Bridgeport Way, University Place, a 10,779 SF office space, along with two more parcels that total 2.12 acres in University Place, located at the intersection of 40th Street and Bridgeport Way. The property is currently 95% leased to a mix of office tenants. In addition, the two parcels of land provide great opportunity for redevelopment with zoning allowing for 7 stories of multi-family.
Property Facts
| Price | $1,000,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.44 AC |
| Property Type | Land |
| Price | $1,000,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 1.44 AC |
1 Lot Available
Lot
| Price | $1,000,000 | Lot Size | 1.44 AC |
| Price Per AC | $694,444 |
| Price | $1,000,000 |
| Price Per AC | $694,444 |
| Lot Size | 1.44 AC |
Flat lot with existing office building 95% leased with parking. 3 parcels total with 2.12 acres.
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Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $473,200 | |
| Land Assessment | $942,700 | Total Assessment | $1,415,900 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$942,700
Improvements Assessment
$473,200
Total Assessment
$1,415,900
zoning
| Zoning Code | MU-U75 (MU-U75 Zoning allows for significant multifamily development as one of University Place's most dense multifamily zonings.) |
| MU-U75 (MU-U75 Zoning allows for significant multifamily development as one of University Place's most dense multifamily zonings.) |
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4109 Bridgeport Way W - University Place Development Land with Office
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