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    211 Pioneer Rd Long Beach, WA 98631

    Sponsored
    For Sale
    $3,250,000

    Prime Medical Office, 50-Bed Capacity

    Property size:
    18,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: a 20,715-square-foot medical office building in Long Beach, WA, listed at $3,250,000. This single-story, wood-frame building, constructed in 1976 and renovated in 2013, sits on a 1.97-acre lot. Previously operating as a licensed 50-bed Klean Drug and Alcohol Treatment Center, the property is currently vacant and offers significant potential for various medical uses. The building features 25 units and abundant off-street parking. It boasts a fully sprinklered system and is zoned R3R by the City of Long Beach. The property's location offers convenient access, being a short walk to the beach. Detailed county records are available. The asking price is $171.41 per square foot, or $130,000 per unit. The owner is open to both sale and lease options, with a lease rate of $20,000 per month, NNN. This property presents a rare chance to acquire a substantial medical facility in a desirable location. Serious inquiries are encouraged.

    Property Features for 211 Pioneer Rd

    General Information

    Property type
    Medical offices
    Square Feet
    18,960 SF
    Class
    C
    Lot Size
    85,813 SF

    Building Details

    Year Built
    1976
    Buildings
    1
    Stories
    1
    Units
    25

    HighLights

    • $3,250,000 asking price.
    • Former Klean Drug and Alcohol Treatment Center.
    • 20,715 square‑foot building.
    • 1.97‑acre lot.
    • Previously licensed for 50 beds.
    • 0.3‑mile walk to the beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Hair Salon Nail Salon Gym & Fitness Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Pacific
    State
    Washington
    Longitude
    -124.0553487
    Latitude
    46.3673232

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 50-Bed Capacity
    Where is this medical office located?
    The property is located at 211 Pioneer Rd Long Beach, WA.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: $3,250,000 asking price.; Former Klean Drug and Alcohol Treatment Center.; 20,715 square-foot building.
    Request Owner's contact information
    211 Pioneer Rd Long Beach, WA 98631
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    Long Beach, WA 98631
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    211 Pioneer Rd Long Beach, WA 98631
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