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Roy,WA 98558
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Roy
MLS Listing ID 2341290
Style 61 - Comm Bldg Ovr 10K
Year Built 1930
Annual Tax Amount $14,347
Lot Size 1.110 Acres
Property Sub-Type Commercial Industrial
Property Description
Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth. Unoccupied wings offer addl income streams, presenting a compelling opportunity for future development. Whether you decide to continue its current use or capitalize on new opportunities, this property provides outstanding return potential & a strong foundation for long-term growth. Rarely does a property with this scale & flexibility become available!
Location
State WA
County Pierce
Area 119 - Roy/Mckenna
Interior
Flooring Vinyl
Exterior
Exterior Feature Wood,Wood Products
Waterfront Description River
Roof Type Composition
Building
Sewer Septic Tank
Water Public
Others
Acceptable Financing See Remarks
Listing Terms See Remarks