3720 Harborview Dr Gig Harbor, WA 98332-2130
This exceptional 7,645 square foot retail property, located at 3720 Harborview Drive in Gig Harbor, Washington, presents a unique investment opportunity. Situated on a 0.47-acre lot (APN 0221053089), this prominent parcel is zoned R-1, offering significant potential for a variety of commercial uses. The property boasts a prime location with consistent foot traffic from both local residents and tourists drawn to the area's vibrant shops, restaurants, and art galleries. The picturesque setting enhances the property's appeal, attracting a diverse clientele and providing a strong connection to the community's distinctive character. The asking price is $1,799,000. This established location offers immediate access to a thriving customer base, making it an ideal investment for businesses seeking high visibility and a strong local presence. The property's size and zoning provide flexibility for various commercial ventures, capitalizing on the area's unique charm and high tourist traffic. This is a rare opportunity to acquire a well-situated retail space in a desirable waterfront community. The property's prime location and substantial square footage make it an attractive proposition for discerning investors seeking a strong return on investment in a thriving market. Don't miss this chance to secure a piece of Gig Harbor's vibrant commercial landscape.
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Speedy Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
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Gig Harbor Power Sports Hardware & Home Improvement General Contractor
An R-1 district is intended to provide for low density, single-family residential development for certain community services and facilities while preserving the character of the existing single-family residential areas. (Ord. 573 § 2, 1990). 17.16.020 Permitted uses. Search Within This This section is included in your selections. Refer to Chapter 17.14 GHMC…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Gig Harbor, WAAn R-1 district is intended to provide for low density, single-family residential development for certain community services and facilities while preserving the character of the existing single-family residential areas. (Ord. 573 § 2, 1990). 17.16.020 Permitted uses. Search Within This This section is included in your selections. Refer to Chapter 17.14 GHMC for uses permitted in the R-1 district. (Ord. 1045 § 7, 2006). 17.16.030 Conditional uses. Search Within This This section is included in your selections. Refer to Chapter 17.14 GHMC for uses conditionally permitted in the R-1 district. (Ord. 1045 § 9, 2006). 17.16.040 Prohibited uses and structures. Search Within This This section is included in your selections. Repealed by Ord. 710 . (Ord. 573 § 2, 1990). 17.16.050 Site plans. Search Within This This section is included in your selections. The site plan review process established under Chapter 17.96 GHMC shall apply to all uses and development within this district. (Ord. 1197 § 13, 2010; Ord. 573 § 2, 1990). 17.16.060 Development standards. Search Within This This section is included in your selections. In an R-1 district, the minimum lot requirements are as follows: Short Subdivision Subdivision Short Subdivision Subdivision A. Minimum lot area per building site 7,200 sq. ft. 7,500 sq. ft. B. Minimum lot width 70' 0.7 percent of the lot area, in lineal feet C. Minimum front yard setback 1 , 3 , 4 House: 20' Porch: 12' Garage: 26' D. Minimum rear yard setback 1 , 2 30' E. Minimum side yard setback 1 , 2 8' F. Maximum hard surface coverage 40% G. Minimum street frontage 20' No minimum density - maximum of 4 dwelling units/acre H. Density 1 Development in the historical district shall comply with the setbacks defined in GHMC 17.99.310 and 17.99.320 . 2 Garages may be located in the defined side and rear yards, provided they conform to the criteria in GHMC 17.99.490(A)(1) . 3 For uses which require site plan review under Chapter 17.96 GHMC, the minimum front yard setback shall be 20 feet. 4 Accessory structures shall meet the minimum front yard setback for a house. (Ord. 1433 § 1, 2019; Ord. 1389 § 5, 2018; Ord. 1347 § 25, 2016; Ord. 1307 § 30, 2014; Ord. 1085 § 2, 2007; Ord. 982 § 1, 2005; Ord. 975 § 21, 2004; Ord. 710 § 6, 1996; Ord. 573 § 2, 1990. Formerly 17.16.070). 17.16.070 Maximum height of structures. Search Within This This section is included in your selections.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
