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33258934
33258928

510 Custer Way, Tumwater, WA 98501 For Sale

QN
WA WA 113575
Greene Commercial
Listed by Greene Commercial
$999,000
48 days on market
Updated 48 days ago

High-Visibility Retail/Office Building in Tumwater

Details
APN 84900201200
Property Type Office, Retail
Sub Type Storefront, Traditional Office (+1)
Square Footage 5,244
Units 6
Cap Rate 4.19%
NOI $41,910
Tenancy Vacant
Class B
Year Built 2004
Stories 3
Acreage 0.280
Zoning BD
Parking Spaces 23 spaces
Parking per 1,000 SqFt 4.39
Investment Type Owner/User
Ground Lease No

5,244 SF Brewery District building featuring prime Custer Way frontage.

Marketing description

Located in Tumwater's revitalized Special Brewery District, this 5,244 square foot commercial property offers an excellent opportunity for investors or owner/users. The 0.28-acre parcel is entirely outside flood zones. The modern building features strong curb appeal and high-visibility frontage on Custer Way. Its flexible layout supports multiple units or suites, making it ideal for both retail and professional office uses.

The site offers 9,710 square feet of asphalt paving, convenient vehicle access, and 23 surface parking stalls at the rear of the building. With modern construction in a growing commercial corridor, this property represents a secure investment for those seeking high visibility in a desirable area.

For an interactive virtual tour, visit: https://greene.properties/510CusterWay_VT

Investment highlights

  • Prime Brewery District Location: Situated within Tumwater's revitalized Special Brewery District, a rapidly growing and highly walkable commercial trade corridor.
  • High-Visibility Frontage: Features strong curb appeal and direct, high-visibility frontage along Custer Way to capture local traffic.
  • Flexible Multi-Suite Layout: The 5,244 square foot building features a flexible configuration that supports multiple units, making it ideal for both retail and professional office uses.
  • Ample Dedicated Parking: Includes 9,710 square feet of asphalt paving providing 23 surface parking stalls at the rear of the building.
  • Low-Risk Site Assets: Positioned on a 0.28-acre parcel located entirely outside of all designated flood zones.
  • Strong Area Demographics: Surrounded by a high-income, skilled white-collar workforce and a commercial market characterized by low vacancy rates.

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
$41,910.00
$3,492.50/mo

Valuation Metrics

0
DSCR
4.2%
Cap Rate
4.2%
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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