22226 6th Avenue S #101Des Moines, WA 98166
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 maintained 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.
- Property TypeCommercial
- NeighborhoodDes Moines Waterfront
- CountyKing
- Taxes$2,536
- HOA/Condo/Coop Fees$224
- Days on Site28 Days
- MLS StatusActive
- MLS ID Number2224807
- Home Size Source N/A
- Year Built2002
- Lot Size0.3444 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Building Features Signage IncludedSprinklered
- Parking Spaces 0
- Acreage 0.3444
- Water Public
- Foundation Slab
- Sewer Sewer Connected
- Parking Total 0
Interior Features
- Heating Baseboard
- Flooring Carpet
- Interior Wall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Exterior Cement/ ConcreteStuccoCement/Concrete
- Roof Torch Down
Community Features
- Association Dues 224
- Senior Community No
- MLS Area 120 - Des Moines/Redondo
- Building Features Signage IncludedSprinklered