Asking Price: $875,000
Building Size: 11,300 SQ FT
Lot Size: 5626
Cost per Square Foot: $77.43
Located in the heart of Downtown Sumner at the intersection of Main and Alder street. This area is rapidly changing with the recent zoning change to “Town Center” which allows for higher densities, increased building heights and policies to encourage development. The property features 5,500 square feet on the main floor that is currently leased providing significant income. An additional 2,900 square feet on the upper floor combined with another 2,900 square feet on the lower floor provides significant upside opportunities. Excellent site for re-development as well.
Key Points: Great visibility with frontage on Main Street at a busy intersection Walking distance to the Sounder train station Nearby access to Hwy 167, SR 410 and Hwy 512. Located in the city’s new Town Center Plan with lots of nearby activity Significant upside opportunity Excellent site for re-development