Puyallup, WA 98371 204 S Meridian

$1,350,000

Pending
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Presented By: COMPASS and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2330081
  • 02/06/2025
  • Get pre-approved
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.

Home Details

Secure this 100% leased, turnkey investment in the heart of Puyallup’s Central Business District. Built in 1920 and meticulously updated, this 6,066 sq. ft. mixed-use property blends historic charm with modern upgrades for stability and long-term value. The street-level retail includes two fully leased units, while the upper level features two updated 2BR/1BA apartments with in-unit laundry, stylish interiors, and Mt. Rainier views. Situated on a high-traffic corridor with ample parking and a 95 Walk Score, this asset offers strong tenant demand. With leases structured for future utility reimbursement potential, this is a rare chance to own a thriving piece of Puyallup’s history.
Presented By: COMPASS and NWMLS

Interior Features for 204 S Meridian

Bedrooms

Bedrooms Possible0
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces

General for 204 S Meridian

Building Area UnitsSquare Feet
Cap Rate5.65
Carport Y/NNo
CityPuyallup
CoolingNone
CountyPierce
DirectionsFrom WA 167 turn on to Meridian Ave, Building is second from the corner of Meridian and Meeker
Electric Expense2348
Fuel Expense2348
HOANo
HOA Fee$
HeatingWall Unit(s)
Insurance Expense6148
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet3736
Lot Size UnitsSquare Feet
MLS Area80 – Puyallup
ModificationTimestamp2025-08-03T20:12:10.691Z
NWM_ShowMapLinkY
Net Operating Income76275
Number Of Units Total4
PossessionClosing
Possible UseBusiness, Commercial, Multi-Family, Office, Residential, Retail
Property Style60 – Comm Bldg Und 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksSecure this 100% leased, turnkey investment in the heart of Puyallups Central Business District. Built in 1920 and meticulously updated, this 6, 066 sq. ft. mixed-use property blends historic charm with
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending Inspection
Structure TypeUnspecified
Subdivision NamePuyallup Valley
Tax Annual Amount9778
Tax Year2024
Total Actual Rent8548
Water CompanyCity of Tacoma
Water Sewer Garbage2348
Year Built1920
Zoning DescriptionBusiness, Commercial, Multi-Family, Office, Residential, Retail

Exterior for 204 S Meridian

Building Area Total
Irrigation Water Rights Y/NNo
Lot Size Acres0.0858
Total Parking0
Water SourcePublic

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $1,350,000
MLS#2330081
List Date 02/06/2025
Property Type Pending
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
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