16313 64Th St Sumner, WA 98390
- Commercial real estate
- 2.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16313 64Th St
- Lot size
- 2.18 lot acres
- Property type
- Commercial real estate
Description
Exceptional development opportunity awaits at 16313 64th Street East, Sumner, WA 98390. This 2.18-acre commercial parcel is priced at $949,000, offering significant potential for retail or multifamily development. The property boasts a highly desirable location adjacent to the Gordon Family YMCA and enjoys convenient access to Highway 410, Bonney Lake, and Lake Tapps. Zoned ESUV GC (East Sumner Urban Village, General Commercial), this land presents a unique blend of existing infrastructure and future growth potential. Currently featuring a 1,984 square foot house and a 2,050 square foot storage building, both generating rental income, this property provides immediate return on investment. City utilities are readily available. The surrounding area demonstrates strong demographics, with a projected population of 139,960 within a 5-mile radius and an average household income exceeding $100,000. Seller financing may be available to qualified buyers. The land value is $10.48 per square foot. This is a rare opportunity to acquire a strategically located commercial property in a thriving community. Don't miss this chance to capitalize on the immense potential of this exceptional offering.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sumner
- County
- Pierce
- State
- Washington
- Longitude
- -122.21171
- Latitude
- 47.200186
