5580 Martin Way E, Lacey, WA 98516
- $2,700,000
Listing courtesy of Commencement Bay Brokers LLC.
- List Price
- $2,700,000
- Status
- ACTIVE
- MLS#
- 2469874
- Price Change
- ▼ $200,000 1781635039
- Days on Market
- 184
- Annual Tax Ammount
- 19889
- Internet Provider
- StarLink
Property Description
Standalone Restaurant Building with Large Lot and Plenty of Parking! This full service restaurant building hosts a long term tenant with a long standing restaurant business. The floorplan features a large buffet area, multiple seating areas, including two different banquet areas capable of hosting large groups. Featuring multiple storage areas, large production kitchen, walk-in refrigerators, and walk-in deep freezer. Opportunity knocks.
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Additional Information
- Community
- Lacey
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1994
- # of Assigned Spaces
- 58
- Roof
- Composition
- Tax Year
- 2025
- Potential Terms
- Cash, Conventional
- Flooring
- Ceramic Tile, Carpet
- Driving Directions
- From I-5 take Exit 109 toward Martin Way / College Street / Sleater-Kinney Road North. Turn East onto Martin Way East. Property located on North side of Martin Way East.
- Energy Source
- Natural Gas
- Net Operating Income
- $232,111
- Gross Adjusted Income
- $252,000
- Cap Rate
- 6
- Total Expenses
- $19,889
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.