16783 272Nd StCovington, WA 98042
- Commercial real estate
- 10,042 SF
Property Details for 16783 272Nd St
- Year built
- 1998
- Construction
- WOOD
- Lot size
- 0.80 AC
- Property size (Sq ft)
- 10,042 SF
- Zone code
- MC
- Property type
- Commercial real estate
- APN
- 362205-9027
- APU
- 3622059027
Description
This single-story, 10,042 square foot retail building, constructed in 1998 and renovated the same year, is located at 16783 SE 272nd St, Covington, WA 98042, in King County. The property sits on 0.8 acres and features abundant parking. Currently, one suite totaling 1,200 square feet is available for lease, commencing July 1, 2023. The building is zoned MC and has a King County APN of 362205-9027. The property benefits from a high-traffic location within a busy commercial center, anchored by Safeway and Rite Aid, with proximity to Fred Meyer and Costco. The building offers excellent visibility and accessibility. The landlord is open to lease term extensions. This presents a unique opportunity for a retailer seeking a well-located space in a thriving Covington submarket. Utilities are available (power: yes). The property consists of one building with a total of one suite.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,256,897
- Hospitality
- $2,067,306
- Educational
- $1,719,974
- Medical
- $1,779,127
- Retail
- $2,675,515
Location Insight
- City
- Covington
- County
- King
- State
- Washington
- Latitude
- 47.3578
- Longitude
- -122.116
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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