Share This Listing

Message

920 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Development site near MultiCare Good Samaritan Hospital and Washington State Fairgrounds.
  • Zoned CG (General Commercial) with conceptual plans for hotel or mixed-use development.
  • Conceptual studies show potential for up to 40,413 SF of building area and structured parking.
  • Approximately 0.49 acres across three parcels with existing income-producing duplex.
  • Excellent access to SR-512 and major arterials with traffic counts exceeding 95,000 VPD nearby.
  • Surrounded by retail, hospitality, and healthcare amenities in a high-demand corridor.

Executive Summary

This offering presents a rare opportunity to acquire a 0.49-acre development site in the heart of Puyallup, Washington, located near the MultiCare Good Samaritan Hospital and within close proximity to major transportation routes, including State Route 512. The property consists of three contiguous parcels and includes an existing duplex generating income, providing immediate revenue while future development plans are finalized.
The site is zoned CG (General Commercial), allowing for a wide range of commercial and hospitality uses. Conceptual massing studies have been completed, illustrating potential for a multi-story hotel or mixed-use development. Two design options are available: one supporting approximately 28,912 SF with 24 parking stalls, and another supporting approximately 40,413 SF with 34 stalls. Both concepts incorporate efficient layouts and modern amenities, maximizing the site’s development potential.
Located near the Washington State Fairgrounds and surrounded by retail, lodging, and healthcare facilities, this property benefits from strong traffic counts and a robust local economy. With conceptual drawings and a survey available, this site is well-positioned for investors or developers seeking a high-visibility project in a growing market.

Property Facts

Price $1,369,070 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.49 AC
Zoning CG - Commercial General

1 Lot Available

Lot

Price $1,369,070 CAD
Price Per AC $2,794,020.52 CAD
Lot Size 0.49 AC

Development Site Near Good Samaritan Hospital

Description

The property consists of three parcels totaling approximately 0.49 acres located on 2nd Street SE in Puyallup, Washington. It is situated near the intersection of 14th Avenue SE and 2nd Street SE, adjacent to commercial and residential uses. The site is in close proximity to MultiCare Good Samaritan Hospital and the Washington State Fairgrounds. Access to State Route 512 is nearby, providing regional connectivity. The property is currently improved with a duplex structure. Zoning is General Commercial (CG). Conceptual development plans have been prepared for potential hotel or mixed-use projects.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 981000-0260
  • 981000-0270
  • 981000-0250
Land Assessment
$894,824 CAD
Improvements Assessment
$80,228 CAD
Total Assessment
$975,052 CAD
  • Listing ID: 39793593

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 1414 2nd St SE, Puyallup, WA 98372

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}