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Investment Highlights
- Two-story medical office building of approximately 6,830 square feet.
- Prime submarket location in University Place.
- Convenient access to I-5.
- Situated on a 0.40-acre lot.
- Convenient access to SR 16.
- Zoned TC within the City of University Place.
Executive Summary
Medical office building available for sale in University Place, Washington. The property features an approximately 6,830 SF two-story building on a 0.40-acre lot, with the medical practice also available for sale separately.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,830 SF
Building Class
B
Year Built
1984
Price
$2,250,000
Price Per SF
$329.43
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,330 SF
Building FAR
0.39
Lot Size
0.40 AC
Zoning
TC
Parking
19 Spaces (2.78 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Signage
- Reception
- Storage Space
- Monument Signage
- Awning
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 022015-3221 | Improvements Assessment | $774,300 |
| Land Assessment | $565,600 | Total Assessment | $1,339,900 |
Property Taxes
Parcel Number
022015-3221
Land Assessment
$565,600
Improvements Assessment
$774,300
Total Assessment
$1,339,900
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