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20503 193rd Ave E 7,270 SF 100% Leased Retail Building Orting, WA 98360 $2,373,064 CAD ($326.42 CAD/SF)
INVESTMENT HIGHLIGHTS
- Expansive Licensed Childcare Facility
- Exceptional Amenities
- Convenient Drive-Thru Coffee Service
- Versatile Property Potential
EXECUTIVE SUMMARY
Over 7,000 square feet licensed childcare in the heart of Pierce County, with drive-thru coffee servicing early morning coffee to early morning parents dropping off children. Will qualify for newly established owners. This is a two-story center with lovely layouts for the classrooms. There are observation windows into classrooms, playgrounds for different age groups, a large muscle room, multi-purpose room, large rooms upstairs for classrooms, seminars, or events. The upstairs seminar walls are movable for more or less space
during events. There is a lift for ADA accessibility, a huge garden area in the back that could be converted into another playground or multi-area sitting garden for relaxation. The kitchen is large and very functional, and could be converted to commercial with the addition of an exhaust system and fire suppression. The property lends itself to an assisted living center also.
during events. There is a lift for ADA accessibility, a huge garden area in the back that could be converted into another playground or multi-area sitting garden for relaxation. The kitchen is large and very functional, and could be converted to commercial with the addition of an exhaust system and fire suppression. The property lends itself to an assisted living center also.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
7,270 SF
Building Class
B
Year Built
2013
Price
$2,373,064 CAD
Price Per SF
$326.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.58 AC
Zoning
R20 - Mixed Use
Parking
14 Spaces (1.93 Spaces per 1,000 SF Leased)
Frontage
239’ on 193rd Avenue East
PROPERTY TAXES
| Parcel Number | 700143-1641 | Improvements Assessment | $1,670,668 CAD |
| Land Assessment | $338,110 CAD | Total Assessment | $2,008,777 CAD |
PROPERTY TAXES
Parcel Number
700143-1641
Land Assessment
$338,110 CAD
Improvements Assessment
$1,670,668 CAD
Total Assessment
$2,008,777 CAD
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20503 193rd Ave E
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