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33257917
33257927

502 Custer Way, Tumwater, WA 98501 For Sale

QN
WA WA 113575
Greene Commercial
Listed by Greene Commercial
$1,199,000
46 days on market
Updated 45 days ago

The Brewery District Flex Building

Details
APN 84900201300
Property Type Retail, Industrial (+1)
Sub Type Storefront, Flex (+1)
Square Footage 10,000
Units 3
Cap Rate 4.62%
NOI $55,411
Tenancy Vacant
Price per SqFt $120
Year Built 1948
Year Renovated 2005
Acreage 0.190
Zoning BD
Investment Type Owner/User
Ground Lease No
Loading Docks 1

10,000 SF retail, warehouse, and storage opportunity

Marketing description

Positioned on a strategic 0.19-acre parcel in Tumwater's Brewery District, this commercial property presents a rare ownership opportunity. Zoned BD and situated securely outside of all flood zones, the asset offers a robust configuration tailored for immediate use.

The flexible space features retail or office frontage on Custer Way paired with expansive storage, an industrial warehouse, and a secure private parking garage. Perfectly suited for a brewery, tap room, or a small contractor. This property represents a secure entry point into a master planned, highly walkable commercial trade area. Opportunities of this caliber do not come up often.

For an interactive virtual tour, visit: https://greene.properties/502CusterWay_VT

Investment highlights

  • Positioned on a strategic 0.19-acre parcel in Tumwater's Brewery District.
  • Zoned BD and situated securely outside of all flood zones.
  • Flexible space features retail or office frontage on Custer Way.
  • Expansive storage, industrial warehouse, and secure private parking garage.
  • Perfectly suited for a brewery, tap room, a small contractor, or more.
  • Located in a master planned, highly walkable commercial trade area.

Listing Contacts

QN
WA WA 113575
Greene Commercial
Listed by Greene Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,411.00
$4,617.58/mo

Valuation Metrics

0
DSCR
4.62%
Cap Rate
4.62%
ROI

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Additional Information

Name
Quint Newell
License
WA 113575
Brokerage
Greene Commercial
Brokerage Phone
3605284167
Title
Real Estate Broker
Brokerage Address
1722 Harrison Avenue Northwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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