204 Erie St SE, Tumwater, WA
Well-cared for clinic with multiple treatment rooms available for sale.
- Added:
- Apr 10, 2025
- Days on Market:
- 453
- Last Refresh:
- May 19 at 8:48 pm
Property Features for 204 Erie St SE
General Information
- Standard status
- Active
- Size
- 2,176 SF
- Lot size
- 0.14 Acres
- Property subtype
- OFFICE
Listing office Coldwell Banker/Evergreen (360) 791-3869
Listing date Apr 10, 2025
Source Moodyscre
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 Coldwell Banker/Evergreen
HighLights
- Great location in Tumwater
- Well cared for clinic
- 8 treatment rooms total
- 4 treatment rooms on main floor
- 4 treatment rooms below main floor
- Suitable for chiropractic & massage
Overview
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 | $47.0k | $21.60 |
| − Vacancy | −$9.2k | −$4.23 |
| EGI | $37.8k | $17.37 |
| − OpEx | −$9.4k | −$4.34 |
| NOI | $28.3k | $13.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tumwater
- County
- Thurston
- State
- Washington
- Longitude
- -122.9
- Latitude
- 47.016
