4109 Bridgeport Way W
University Place WA 98466
4109 Bridgeport Way W
4109 Bridgeport Way W University Place WA 98466
Listing #: 682973 | Status: Available | Last Modified: 11/15/2024 |
For Sale
- Phone:(253) 471-5506
- Email:jdurr@firstwesternproperties.com
- Office Name:First Western Properties
- Office Phone:(253) 472-0404
- Office Website:
- Agent Phone:(253) 880-2462
- Agent Email:Jfors@firstwesternproperties.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 3,000,000.0
- $/SF$ 278.3
- $/lot sf$ 32.5
- Listing StatusAvailable
- Days on Market163
- Asset ClassOffice, Land
- Terms
- Investment Type
- Investment PropYes
- Gross Income120,660
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income120,660
- CAP Rate 2.80 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Topography
- Total Units17
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units17
- # of Elevators
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF10779
- Net Rentable Area10779
- Total Office SF10779
- Largest Contiguous SF
- Lot SF92347
- Acres2.12
- Property TypeOffice
- Office TypeOther
- Building ClassB
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street40th Street W
- Market AreaUniversity Place/Fircrest
- Tax ID #4002490040
- Additional Parcels4002490020, 4002490030
- ZoningMU-U75
- # Covered Spaces0
- # Uncovered Spaces53
- Total Parking Spots53
- Parking Ratio4.9
- Year Built1979
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
University Place Development Site with Office
Unique opportunity to acquire 4109, 4107 and 4105 Bridgeport Way, University Place, a 10,779 SF office building, along with two additional parcels that total 2.12 acres in University Place, located at the intersection of 40th Street and Bridgeport Way. The property is currently 95% leased to a mix of office tenants. In addition, the two parcels of land provide great opportunity for redevelopment with zoning allowing for 7 stories of multi-family.
