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Listed by:Keller Williams Realty PS • Cheryl Farnham
$688,000
Est. payment /mo
7,122 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Menlo Park
MLS Listing ID 2565495
Style 73 - Office
Year Built 1970
Lot Size 7,122 Sqft
Property Sub-Type Commercial Industrial
Property Description
Exceptional opportunity in the heart of University Place! Situated on a highly visible corner along Bridgeport Way, this unique property offers outstanding flexibility for investors, developers, medical or professional office users, and Adult Family Home operators. The 1,824 square foot building sits on a 7,122 square foot lot with mixed-use zoning and features six spacious private rooms, three bathrooms (one full, one ¾, and one half), a kitchen space, dining area, living room area, laundry space, and storage. Whether you're exploring an Adult Family Home, professional office, adaptive reuse, or future mixed-use redevelopment that allows up to a 45 foot building height, this property offers a variety of possibilities (buyer to verify all intended uses and development potential with the City of University Place). The property is ready for its next chapter and offers an excellent opportunity for buyers to renovate and customize the existing structure to suit their vision. Conveniently located near shopping, dining, parks, and major commuter routes, this is a rare opportunity to renovate, repurpose, or redevelop in one of University Place's most desirable corridors.
Location
State WA
County Pierce
Area 32 - University Place
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional, Rehab Loan
Listing Terms Cash, Conventional, Rehab Loan
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