- Listing #:
- 2191579
- Price:
- $398,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Comm Bldg Und 10K
- Year Built:
- 2000
- Unit #:
- 15
- Comm/Assn:
- Puyallup
- City:
- Puyallup
- County:
- Pierce
- State:
- WA
- Zip:
- 98374
- Right of 1st Refusal:
- No
QR Code
Description
Welcome to a rare chance to own an aviation gem at the highly sought after Pierce County Thun Field! This meticulously maintained airplane hangar is painted, insulated, and strategically positioned just off Meridian Avenue in South Hill near all the major conveniences with easy access to Hwy 512 and I-5 with guaranteed potential for growth in value over time. This hangar is the perfect place to store your aircraft or can be an investment property. With a reliable income producing tenant already in place, it is a built-in opportunity for positive cash flow. Plenty of space with extra storage, individual power, bi-fold door, private bathroom, gas heat, and 24/7 security and surveillance with gated access. This hangar checks all the boxes!
Property Features
- Association Fee:
- - $175.00 Monthly
- Cap Rate:
- - 3.62
- Cooling Y/N:
- - Yes
- Exterior Features:
- - Metal/Vinyl
- :
- - Level
- Foundation Details:
- - Slab
- Gross Scheduled Income:
- - $14,400.00
- Heating Y/N:
- - Yes
- Interior Features:
- - Concrete
- Net Operating Income:
- - $14,400.00
- Approx. Office Sq.Ft.:
- - 1,975.00
- Ceiling Height:
- - 13+
- Loading:
- - 10'-15' Doors
- Power Company:
- - PSE
- Sewer Company:
- - County
- Style Code:
- - 60 - Comm Bldg Und 10K
- Total Monthly Triple Net:
- - 70
- Total Sq. Ft. Rented:
- - 1975
- Water Company:
- - HOA
- Zoning Class:
- - Commercial
- Zoning Jurisdiction:
- - County
- Parcel Number:
- - 8888877720
- Possible Use:
- - Commercial
- Property Condition:
- - Very Good
- Structure Type:
- - Unspecified
- Annual Tax Amount:
- - $1,436.00
- Tax Year:
- - 2023
- Total Actual Rent:
- - 1200
- Water Source:
- - Public
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