28631 Pacific Hwy S

    Federal Way, WA 98003
    • $479,000
    • STATUS: Active
    • ON SITE: 3 days
    • ID#: 1473352
    New On Site 3 Days Ago
    UPDATED: 11 min ago
    $479,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1948
    County:

    School Ratings & Info

    Listing Courtesy of John L. Scott, Inc..

    Description

    Business & Building owner opportunity!!! Enjoy the morning sunrise over Redondo Beach w magnificent unobstructed View from the back of your property. Current rental income $2900/per month. Business place on top and low level for living space 3BF 1BT. In mix use zoning on Pacific Hwy Federal Way. Two parcel #332204-9123-04 & 332204-9155-05. Great traffic counts! Potential to build as your design. A must see!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Record Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-06-16T17:14:44.443.

    www.recordrre.com/homes/95820545

    28631 Pacific Hwy S Federal Way, WA 98003

    • Price: $479,000
    • Status: Active
    • Updated: 11 min ago
    • ID#: 1473352
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1948
    Built
    Neighborhood:
    Federal Way
    County:
    King
    Area:
    Dash Pt/Fed Way
    Property Description
    Business & Building owner opportunity!!! Enjoy the morning sunrise over Redondo Beach w magnificent unobstructed View from the back of your property. Current rental income $2900/per month. Business place on top and low level for living space 3BF 1BT. In mix use zoning on Pacific Hwy Federal Way. Two parcel #332204-9123-04 & 332204-9155-05. Great traffic counts! Potential to build as your design. A must see!
    Exterior Features

    Building Condition Good Construction Methods Standard Frame Exterior Cement/ConcreteStucco Foundation Concrete BlockPost & BlockPoured Concrete Lot Depth 154 Lot Dimensions 153-154 X 44-45 Lot Topography And Vegetation LevelSloped Roof Torch Down Site Frontage 45 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 10 Waterfront Footage 0

    Interior Features

    Building Sq Ft 2790 Floor Covering ConcreteSee RemarksVinylWall to Wall Carpet Heating And Cooling Forced Air Office Sq Ft 1400 Total Sq Ft Rented 2800

    Property Features

    Assessed Value Improvements 300000 Assessed Value Land 179000 Assessed Value Total 479000 Assessed Value Year 2019 Available Pads 5 Bank Owned No Boundary Survey 7.26 Cap Rate N Electrical Expenses 0 Energy Source Electric Environment Survey N EPSEnergy 0 Expansion Area N Form17 Provided Free And Clear Y General Zoning Classification CommercialMulti-FamilyResidential Gross Adjusted Income 42992 Gross Rent Multiplier 11 Gross Scheduled Income 42992 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2696 Lot Number Plat Lot Net Operating Income 34800 Other Expenses 0 Pad Ready Y Possession Sub. Tenant's Rights Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company Pse Tax Amount 4356 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 8192 Total Expenses TEX 8192 Total Monthly Rent 2900 Vacancy Rate 0 Water Company Lakehaven Water Sewer Garbage 1140 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Record Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Record Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-06-16T17:14:44.443.

     
    Record Real Estate
    2012 S. 320th St. Suite A
    Federal Way WA, 98003
    Listing Courtesy of John L. Scott, Inc..