22811 Meridian Avenue E, Graham, WA 98338
- $2,999,990
Listing courtesy of John L. Scott, Inc..
- List Price
- $2,999,990
- Status
- ACTIVE
- MLS#
- 2538207
- Days on Market
- 48
- Annual Tax Ammount
- 10008
Property Description
OWNER FINANCING AVAILABLE! Exceptional Investment Opportunity in Graham! This rare offering features three connected parcels along Meridian, approved for a self-storage facility with completed civil plans and flexible options for either single- or multi-story development. Adding immediate value, the property includes a fully leased three-unit commercial building generating rental income, with one established tenant occupying two of the spaces. With prominent Meridian frontage, excellent visibility, strong traffic counts, and the possibility of an additional commercial building, this is an outstanding opportunity to capitalize on Graham's continued growth and demand.
Additional Information
- Community
- Graham
- Building Condition
- Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1978
- # of Assigned Spaces
- 16
- Roof
- Flat
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional, Owner Will Carry, See Remarks
- Flooring
- Vinyl Plank
- Driving Directions
- From WA- 512 W headed towards I-5 take the exit towards WA-161 S. Hill/Eatonville. Turn left on 31st Ave, becomes Meridian. Continue 7 miles. Property is on left; access is via business parking lot.
- Electric Expenses
- 840
- Energy Source
- Electric
- Net Operating Income
- $31,608
- Gross Adjusted Income
- $32,789
- Gross Scheduled Income
- $44,400
- Cap Rate
- 1.05
- Total Expenses
- $12,792
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.