This exceptional Sumner, WA office building presents a fantastic opportunity for businesses seeking versatile and well-located space. The property, located at 6008 160th Ave E, boasts a total of 4,000 square feet within a two-story, single-building structure constructed in 2000. The building is classified as Class C and sits on a 0.79-acre lot, offering ample parking with 12 spaces available. Currently, the entire 4,000 square feet is vacant and available for lease. The space is divisible, with a minimum leasable area of 2,000 square feet, providing flexibility for various business needs. The building features a convenient layout including private offices, a dedicated conference room, a break room, and two restrooms. Its strategic location just off Main Street in Sumner, WA, offers excellent visibility and easy access to SR 410, ensuring convenient commutes and strong client accessibility. The property is zoned GC and has a Pierce County APN of 0520194049. This is a rare opportunity to secure a well-maintained, functional office space in a desirable Sumner location. The building's features and location make it ideal for a variety of businesses seeking a comfortable and productive work environment. Contact us today to schedule a viewing.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,097,022
6.5%
$1,012,636
7%
$940,305
Comparable approach
Method
Valuation
Relative Method
$1,087,137
Geo Method
$780,719
Alternative Use
Use
Valuation
Residential
$1,255,669
Hospitality
$1,150,186
Educational
$956,941
Medical
$989,852
Retail
$1,488,575
Location Insight
City
Sumner
County
Pierce
State
Washington
Latitude
47.2023
Longitude
-122.217
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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