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4401 Bridgeport Way W
University Place, WA 98466

NEW! Medical Building w/ 2 Apartments · Office Property For Sale

Investment Highlights

  • Projected 8.11% Cap!
  • Multi-use building
  • Building Size: 2,880 SF
  • Corner of busy intersection on Bridgeport way in University Place
  • Recently updated

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
2,880 SF
Building Class
B
Year Built
1970
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,440 SF
Building FAR
0.35
Lot Size
0.19 AC
Zoning
MUO - Multi Use Commercial
Parking
10 Spaces (3.47 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Metro/Subway
  • Security System
  • Signage
  • Kitchen
  • Fully Carpeted
  • Natural Light
  • Partitioned Offices
  • Reception
  • Recessed Lighting
  • Shower Facilities
  • Hardwood Floors
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning

About 4401 Bridgeport Way W , University Place, WA 98466

Incredible opportunity for this commercial space on Bridgeport Way at a major intersection in the heart of University Place. 2 levels recently updated with the potential for multiple tenants and a great owner/­user building. This multi-use location has an upstairs is currently set up as a medical office with reception, office, and multiple patient rooms. Downstairs features two residential apartments around 670 sqft each. Each apartment currently rents for $900 a month. Upstairs could rent for about $2,400 a month which would bring in a total of $4,300 a month in rents for a 8.11% cap. The building features 10 parking spaces and a fully fenced yard for the two apartments.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
950500-0010
Land Assessment
$443,500
Improvements Assessment
$426,392
Total Assessment
$869,892
  • Listing ID: 18253016

  • Date on Market: 2020-01-21

  • Last Updated:

  • Address: 4401 Bridgeport Way W, University Place, WA 98466

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