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Property profile & analytics

23940 State Route 3 Belfair, WA 98528

  • Retail properties
  • 17,350 SF
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 23940 State Route 3

Property size
17,350 SF
Property type
Retail properties
Property subtype
Drug stores

Description

This exceptional 17,350 square foot free-standing retail building, ideally situated in Belfair, Washington, presents a unique investment opportunity. Currently configured as a pharmacy/drug store, this property boasts a highly visible location on a lighted intersection off State Route 3, ensuring excellent exposure to a substantial customer base. The building features a convenient drive-thru for added customer convenience. Ample parking is provided with 63 easily accessible stalls, offering convenient ingress and egress for patrons. The property benefits from its strategic placement across from a Safeway grocery store, ensuring high foot traffic and visibility within a thriving retail corridor. Belfair itself offers a blend of small-town charm and access to outdoor recreation, located just 30 miles northwest of Tacoma. The community enjoys a diverse economy encompassing retail, healthcare, and construction, with a growing presence of professional and technical services. This property is surrounded by established neighborhoods experiencing population growth, making it an attractive investment for long-term stability and potential appreciation. The building's size and features make it suitable for a variety of retail uses, offering flexibility for future tenants or owners.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Belfair
County
Mason
State
Washington
Longitude
-122.823
Latitude
47.4525
More about this property
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