Sold

Listing Courtesy of:

Northwest MLS / Re/Max Northwest Realtors and John L. Scott, Inc. / Windermere Professional Partners / Diane Gilmore

130 166 St S Spanaway, WA 98387

Sold on 11/06/2020

$1,575,000 ^(USD)

BED

BATH

11,520

SQFT

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Description

Perfect investment property with redevelopment potential and upside in rents. Sale includes two tax parcels totaling 1.02 acres situated on a signalized corner next to Burger King and across the street from Starbucks. The four buildings provide rental income through the investments/redevelopment plan for the highest and best next use with MUD Zoning ( mixed use development). New roofs in July 2020. Income is proforma - See Offering memorandum for actual and proforma rents .

MLS #:
1646730

Taxes
$14,672(2020)

Lot Size
1.03 acres

Type
Multifamily

Year Built
1966

Style
10+ Units

Views
Territorial

School District
Bethel

County
Pierce County

Community
Spanaway

Listed By

Ricky Mouw, Re/Max Northwest Realtors
Diane Gilmore, Windermere Professional Partners

Bought with
Francie Zanuzoski, John L. Scott, Inc.

Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 25 2025 at 8:40 PM PST

Bathroom Details

Lot Information

Corner Lot
Paved Street
Sidewalk

Property Features

Fenced-Partially
Foundation: Slab

Heating and Cooling

Baseboard

Flooring

Vinyl
Wall to Wall Carpet

Exterior Features

Wood
Roof: Composition

Utility Information

Utilities: Community
Sewer: Septic
Energy: Electric

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Aug 14, 2020

Listed

$1,595,000

Additional Listing Info

Buyer Brokerage Compensation: 2

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: Based on information submitted to the MLS GRID as of 12/25/25 12:40. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.