Mixed-Use Property with Auto
15422 Canyon Rd E Puyallup, WA 98375
15422 Canyon Rd E, Puyallup, WA, 98375
$949,900
For Sale
$949,900
Remodeled mixed-use property with an operating auto sales business, dedicated office, shop bays, and on-site parking.
Property Size2,372 SF
Price / SF$400.46
Days on Market77
Property Features for 15422 Canyon Rd E
General Information
- Standard status
- Active
- Size
- 2,372 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1971
Listing agency
TALENT REAL ESTATE LLC
(253) 964-7700
Listed by
SOL LEMUS
Source
Corcoran
Added: May 7 Updated: Jul 22 at 6:58AM Checked: Jul 22 at 6:58AM
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 TALENT REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This remodeled mixed-use property combines a functional commercial auto sales operation with a flexible residential setup. The commercial component includes a dedicated office with an additional office or waiting area, two shop or garage bays, and a mobile bathroom, designed to support continued day-to-day use.
The residential portion features a two-car garage and a flexible layout suitable for owner-occupancy or rental income. The property is described as being located in the Canyon Rd area, and the buyer is instructed to verify all permitted uses with the city.
Overall, the configuration supports a live-and-work arrangement or a dual-income model, with ample on-site parking for multiple vehicles serving the commercial operation.
The residential portion features a two-car garage and a flexible layout suitable for owner-occupancy or rental income. The property is described as being located in the Canyon Rd area, and the buyer is instructed to verify all permitted uses with the city.
Overall, the configuration supports a live-and-work arrangement or a dual-income model, with ample on-site parking for multiple vehicles serving the commercial operation.
Key Highlights
- 1971 remodeled mixed‑use property with an operating auto sales business
- Commercial space includes a dedicated office plus an additional office/waiting area
- Commercial includes two shop/garage bays and a mobile bathroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.1k | $21.96 |
| − Vacancy | −$7.3k | −$3.07 |
| EGI | $44.8k | $18.89 |
| − OpEx | −$11.2k | −$4.72 |
| NOI | $33.6k | $14.16 |
2,372 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$480.0K
$420.0K – $560.0K
NOI $33,597 @ 7.0% cap · market cap 3.54%
Second Best
Mixed Use
$402.6K
$352.2K – $469.7K
NOI $28,179 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$640.7K
$560.6K – $747.4K
NOI $44,846 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bigfoot Pipe & Piling ...
Factory
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Remodeled mixed-use property with an operating auto sales business, dedicated office, shop bays, and on-site parking.
Where is this mixed-use property located?
The property is located at 15422 Canyon Rd E Puyallup, WA.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 1971 remodeled mixed‑use property with an operating auto sales business; Commercial space includes a dedicated office plus an additional office/waiting area; Commercial includes two shop/garage bays and a mobile bathroom
