Mixed-Use Property in Central
For Sale
$1,350,000
Pending
206 Meridian St, Puyallup, WA 98371
Leased mixed-use property in Puyallup's Central Business District.
Property SizeContact for details
Days on Market582
Property Features for 206 Meridian St
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
COMPASS WASHINGTON
Listed By:
BEN KAUFMAN
(425) 285-3200
Source:
Corcoran
Added: Feb 6, 2025
Changed: Jul 10
Last Checked: Sep 11 at 7:04AM
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 COMPASS WASHINGTON
Investment Insights
Based on property information with market context.
This mixed-use property, originally built in 1920 and updated, is located in the heart of Puyallup’s Central Business District. The 6,066 sq. ft. asset is 100% leased. The street-level retail space consists of two fully leased units with prime visibility. The upper level features two updated 2BR/1BA apartments, each with in-unit laundry and stylish interiors. One apartment has views of Mt. Rainier from the bedroom. The property is positioned on a high-traffic corridor with ample parking and strong foot traffic, and has a Walk Score of 95.
Key Highlights
- 100% Leased, Turnkey Investment: Provides immediate income.
- Prime Location in Puyallup's Central Business District: Offers high visibility and a Walk Score of 95.
- Mixed‑Use Property with Retail and Residential Units: Diversifies income streams.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 98371, WA
23,965
Population
9,937
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.8 sq mi
ZIP Area
2,031
Density / Sq Mi
$97,290
Median Household Income
$53,957
Median Earnings
$1,654
Median Rent
$515,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Leased mixed-use property in Puyallup's Central Business District.
Where is this mixed-use property located?
The property is located at 206 Meridian St Puyallup, WA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 100% Leased, Turnkey Investment: Provides immediate income.; Prime Location in Puyallup's Central Business District: Offers high visibility and a Walk Score of 95.; Mixed‑Use Property with Retail and Residential Units: Diversifies income streams.
