$517,500
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22226 6th Avenue S Unit 101 Des Moines, WA 98198
General Commercial
Residence
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Investors this is for you; Street-front retail condo ideally located within blocks of the Des Moines Pier, Marina and Beach Park. This small mixed-use building has 16 residential condo's above the street front retail with ample curbside and covered parking for customers and residents. The well maint...ained Pier View Condominium Complex was built in 2002 with private lobby, elevator and outside gated stair access. This condo is fully leased with 9 years left on a 10-year lease with annual 3% rent increases beyond the 2023 base year. Tenant pays all expenses including HOA increases and property taxes above the Base year. Located South and East of the Des Moines Park Conservation Area and within close proximity to the Des Moines Marina.
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MLS#
2224807
Property Type
General Commercial
Status
Year Built
2002
HOA Fee
$224
Monthly
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Sewer Connected
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