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Key Peninsula Commercial Land Opportunity

12125 N Key Peninsula Highway #1 Gig Harbor, WA 98329

12125 N Key Peninsula Highway #1, Gig Harbor, WA, 98329
$299,000
For Sale
$299,000

Commercial land with development potential on Key Peninsula Highway.

Days on Market100

Property Features for 12125 N Key Peninsula Highway #1

General Information

Standard status
Active
Property subtype
Land or Vacant Lot
Listing Agency WINDERMERE PROF PARTNERS
Listed by JOHN HOLMAAS
Source Corcoran
Added: Apr 9 Checked: Jul 17 at 3:19 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WINDERMERE PROF PARTNERS


Investment Insights

Based on property information with market context.

This property on the Key Peninsula presents a rare opportunity with an 8-bedroom septic design and four live water meters already in place. Zoned as Rural Neighborhood Commercial, the site allows for a variety of commercial, light industrial, and multi-family housing options for individuals aged 55 and over. The nearly level lot features 127 feet of frontage on Key Peninsula Highway. Access to the property is available via the adjacent Shell Gas Station and mini-mart.

Key Highlights

  • 8‑bedroom septic design: Permits a large home or potential for multiple units
  • Rural Neighborhood Commercial zoning: Allows for diverse commercial, light industrial, and multi‑family (55+) development
  • 4 live water meters: Supports significant water usage for various development options

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Big Box & Wholesale Store Real Estate Agency Law Firm Garden Center Catering Service Building Supply Gym & Fitness Center Barber Shop Daycare Center Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Commercial land with development potential on Key Peninsula Highway.
Where is this commercial land located?
The property is located at 12125 N Key Peninsula Highway #1 Gig Harbor, WA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 8‑bedroom septic design: Permits a large home or potential for multiple units; Rural Neighborhood Commercial zoning: Allows for diverse commercial, light industrial, and multi‑family (55+) development; 4 live water meters: Supports significant water usage for various development options
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