6407 20Th StFife, WA 98424

For Sale
$4,315,000

High-Visibility Industrial/Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 18,754 square foot industrial property in Fife, WA, presents a rare acquisition opportunity. Located at 6407 20th St E, 98424, this single-story building boasts prime I-5 visibility, situated adjacent to Larson Cadillac, ensuring high traffic exposure. The property sits on a 1.24-acre lot and features three grade-level doors, ample parking, and floor drains, making it ideal for various uses. The building's ceiling height ranges from 16 to 20 feet, offering significant storage and operational space. Currently vacant, this property is zoned CMU, requiring a retail component as per Fife zoning regulations. The asking price is $4,315,000, and the lease type is NNN. Previous uses include convenience store, daycare, and quick-service restaurant operations, suggesting versatility for future tenants. The property's strategic location and features make it an attractive investment for those seeking high-visibility commercial space with significant potential. Don't miss this chance to acquire a well-positioned asset in a thriving market.

Highlights

  • $4,315,000 asking price for a 18,754 SF industrial, multifamily, and retail property.
  • NNN lease, currently vacant.
  • Located at 6407 20th St E, Fife, WA 98424, on a 1.24-acre lot with I-5 visibility.
  • Features include 16-20' ceiling heights, three grade-level doors, floor drains, and ample parking.
  • CMU zoning requires a retail component.

Property Details for 6407 20Th St

Property type
Day care centers & nurseries, Other retail properties
Square Feet
18,754 SF
Stories
1
Lot Size (sq. ft)
54,014 SF

Location Insight

City
Fife
County
Pierce
State
Washington
Latitude
47.2396501
Longitude
-122.3443533
6407 20Th St, Fife, Washington

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6407 20Th St
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