Roy, WA 98558 9414 357th Street S
$2,750,000
Pending
0 more
Presented By: COMPASS and NWMLS
- MLS# 2341290
- 03/06/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth. Unoccupied wings offer addl income streams, presenting a compelling opportunity for future development. Whether you decide to continue its current use or capitalize on new opportunities, this property provides outstanding return potential & a strong foundation for long-term growth. Rarely does a property with this scale & flexibility become available!
Presented By: COMPASS and NWMLS
Interior Features for 9414 357th Street S
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
General for 9414 357th Street S
Building Area UnitsSquare Feet
Building FeaturesDisabled Access, Elevator, Storage
Cap Rate8.3
Carport Y/NNo
CityRoy
CoolingNone
CountyPierce
DirectionsFrom WA-507, turn right onto 357th St S – property will be on the left
Electric Expense26296.81
Fuel Expense26296.81
HOANo
HOA Fee$
HeatingRadiant
Insurance Expense19466.92
Listing TermsSee Remarks
Lot Size Square Feet48352
Lot Size UnitsSquare Feet
MLS Area119 – Roy/McKenna
ModificationTimestamp2025-09-21T03:08:10.318Z
NWM_ShowMapLinkY
Net Operating Income228268
Number Of Units Total
PossessionClosing, Subject to Tenant Rights
Possible UseCommercial, Industrial, Multi-Family, Residential
Property ConditionFair
Property Style61 – Comm Bldg Ovr 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksDiscover a prime investment in Roy with this versatile 24, 568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228, 268 NOI at current occupancy, this proper
RoofComposition
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusPending
StatusPending Feasibility
Structure TypeUnspecified
Subdivision NameRoy
Tax Annual Amount14347.58
Tax Year2024
TopographyLevel
Water CompanyCity of Roy
Water Sewer Garbage9243.98
Waterfront FeaturesRiver
Year Built1930
Zoning DescriptionCommercial, Industrial-Light, Multi-Family, Residential
Exterior for 9414 357th Street S
Building Area Total
Covered Spaces
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions236x241x238x227
Lot Size Acres1.11
Parking Uncovered Total20
Site Frontage236
Total Parking20
Water SourcePublic
Waterfront Footage241
Waterfront Y/NYes
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®