$ 3,250,000
83024 COMI Undisclosed Roy, WA 98580
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Listed by COMPASS
$ 3,250,000
Est. payment /mo
Active
83024 COMI Undisclosed Roy, WA 98580
1.11 Acres Lot
UPDATED:
11/14/2024 02:48 AM
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Roy
MLS Listing ID 2284586
Style 61 - Comm Bldg Ovr 10K
Year Built 1930
Annual Tax Amount $13,720
Lot Size 1.110 Acres
Lot Dimensions 236x241x238x227
Property 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.
Location
State WA
County Pierce
Area 119 - Roy/Mckenna
Interior
Flooring Vinyl
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Waterfront Yes
Waterfront Description Creek,River Access
Roof Type Composition
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.