6615 38Th Ave Gig Harbor, WA 98335
- Office Properties & Spaces
- 10,574 SF
Current Use by Public Records
- Beacon Baptist Church / Church
- Warrior Life Martial Arts - Gig Harbor / Martial Arts School / Karate School
- Dapper Dog Salon and Spa / Pet Groomer / Dog Day Care Center
Property Details for 6615 38Th Ave
- Property size
- 10,574 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a two-building, 10,574 square foot commercial office complex located at 6615 38th Ave in Gig Harbor, Washington, 98335. Currently 100% leased, this multi-tenant property offers a strong, immediate return on investment. The buildings, classified as Class C, boast a total of two stories and are situated on two parcels (APN: 0221083089, 0221083087) providing ample space. Partial improvements were completed in 2022. The property benefits from high visibility due to its location and an income-generating billboard visible from Highway 16. The REC zoning, allows for a variety of uses, including multi-family residential, daycare centers, and various personal, professional, and business services. An additional parcel to the south offers potential for expanded parking or outdoor amenities. The asking price is $1,575,000, translating to $148.95 per square foot. This property is ideal for both owner-users and investors seeking a stable, income-producing asset in a thriving Gig Harbor location. The property is situated in a Residential and Business District (RB-2) zoning area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gig Harbor
- County
- Pierce
- State
- Washington
- Longitude
- -122.59
- Latitude
- 47.3189