Current Use by Public Records
- Office Spaces
Property Details for 18209 Wa-410
- Year built
- 2004
- Lot size
- 1.39 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional investment opportunity presents a three-story, Class B medical office building totaling 32,586 square feet, situated on a 1.39-acre lot in Bonney Lake, Washington. The property, built in 2004 and renovated in 2024, features six units and 124 parking spaces. Located at 18209 WA-410, it boasts high visibility and direct access to Highway 410, next to a park and ride. The building is zoned C2 Commercial and offers an owner-user opportunity, with the potential to occupy up to 21,724 square feet on the first and second floors, or 2,020 square feet on the third floor, while generating income from existing tenants. The asking price is $8,800,000, translating to $270 per square foot. The property's multi-tenant structure, with a diverse mix of office, healthcare, and retail businesses in the surrounding area, fosters strong relationships and referral business. This prime location in a rapidly growing area offers access to amenities, housing, and major transportation routes, benefiting from a deep labor and housing pool. The lease type is NNN. The APN is 5640001706. This is a rare opportunity to acquire a value-add medical office building in a thriving suburban market.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bonney Lake
- County
- Pierce
- State
- Washington
- Longitude
- -122.186
- Latitude
- 47.1753
