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16313 64th St E - Commercial Property

2.18 Acres of Commercial Land Offered at £742,545 in Sumner, WA 98390

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Investment Highlights

House and storage buildings
Current rental income

Close proximity to Hwy 410
Seller financing available

Executive Summary

The rental house has two tenants and generates about $3800 per month in rental income. Sellers will consider seller financing for qualified buyers.

16313 64th St E Flyer_11.4.24

Property Facts

Price	£742,545	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily Auto Repair
No. Lots	1	Total Lot Size	2.18 AC
Property Type	Land

Price	£742,545
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Auto Repair
Total Lot Size	2.18 AC

1 Lot Available

Lot

Price	£742,545	Lot Size	2.18 AC
Price Per AC	£341,322

Price	£742,545
Price Per AC	£341,322
Lot Size	2.18 AC

1,984 SF house and 2,050 SF storage building on the property.

Description

Seller Financing Available!!!! Introducing an exceptional development opportunity at 16313 64th Street East in Sumner! This prime 2.18-acre commercial land is perfect for retail and multifamily ventures, boasting a sale price of $949,000. Situated adjacent to the Gordon Family YMCA, the property includes a 1,984 SF house, a 2,050 SF storage building, and current rental income. With General Commercial zoning in the East Sumner Urban Village, this plot offers immense potential. Benefitting from proximity to Hwy 410, Bonney Lake, and Lake Tapps, it provides an excellent location for a range of businesses. The parcel is served by city utilities and offers an appealing demographic profile, projecting a population of 139,960 within 5 miles, with an average household income exceeding $100,000. Seller Financing for qualified parties. Don't miss this chance to secure a strategic location for your next project! For further information or to explore this property's full potential, inquire now.

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aerial
map

16313 64th St E, Sumner, WA - aerial map view - Image1

16313 64th St E, Sumner, WA - aerial map view - Image2

16313 64th St E, Sumner, WA - aerial map view - Image3

zoning

Zoning Code	General Commercial (General Commercial (ESUVGC), Retail and Multifamily allowed)
General Commercial (General Commercial (ESUVGC), Retail and Multifamily allowed)