Steilacoom, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Steilacoom, Washington Market population: 6K. Explore income-producing properties with verified cap rates and operating...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Steilacoom WA Properties: 84.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Steilacoom WA
Common questions from investors exploring commercial real estate in Steilacoom WA.
What's the overall investment outlook for Steilacoom, WA?
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With a median household income of $59,161 and a relatively low poverty rate of 9.4%, Steilacoom presents a stable investment market, further bolstered by its high health insurance coverage of 94.7% and a diverse economy led by industries like Information and Public Administration.
How does the commute time and transportation infrastructure impact rental demand?
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The average commute time of 28.2 minutes in Steilacoom, combined with popular commute methods like driving alone and working from home, suggests a flexible and manageable transportation infrastructure, which can positively influence rental demand, especially among the 2,469 employed individuals in the area.
What role does ethnic diversity play in the local real estate market?
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Steilacoom's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community, which can attract a wide range of renters and buyers, potentially stabilizing property values and supporting long-term investment growth, particularly in a market with a median property value of $295,700.
How do poverty rates and health insurance coverage affect tenant quality and stability?
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The 9.4% poverty rate in Steilacoom, when considered alongside the high health insurance coverage rate of 94.7%, indicates a market with a significant portion of the population in stable employment and access to healthcare, suggesting a lower risk for investors in terms of tenant reliability and rent payment consistency.
What insights can be gleaned from the local economy and income inequality for real estate investment?
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The GINI coefficient of 0.418, which measures income inequality, combined with a median household income of $59,161 and top industries like Information and Manufacturing, suggests a balanced economy with opportunities for growth, making Steilacoom an attractive location for real estate investment, especially considering its median property taxes are $1,466 and the homeownership rate is 62.2%.
Steilacoom WA Real Estate & City Facts
Key facts and real estate information about Steilacoom WA.
What are some of the best neighborhoods to live in Steilacoom?
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Some of the best neighborhoods to live in Steilacoom include Soundview, Gig Harbor North, Westside, North End, and Sunset Gardens. These neighborhoods offer a mix of historic charm, natural beauty, and modern amenities. However, it's worth noting that the most desired areas tend to be in the west parts of the city, while more affordable homes are in the east regions.
What are some fun things to do in Steilacoom?
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Steilacoom has a lot to offer when it comes to things to do. You can visit Fort Steilacoom Park, which has over 340 acres of trails and prairie lands, or check out the Steilacoom Farmers' Market in Downtown Steilacoom. The city also has a number of beautiful parks, including the one just above the Steilacoom ferry, which offers stunning views of Puget Sound and the Olympic mountains. Additionally, you can explore the historic streets, visit the Lakewold Garden, or play a round of golf at the local golf course.
What is the food scene like in Steilacoom?
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The food scene in Steilacoom is diverse and delicious. You can find everything from seafood to burgers to vegetarian options. Some popular restaurants include Topside, which has a rooftop deck with great views, and The Bair, which serves intentionally prepared food in a beautiful historic building. There are also plenty of great food trucks and cafes to grab a quick bite or coffee. And if you're looking for a special occasion, Woven Seafood & Chophouse by Roy Yamaguchi is a great option, with a lovely view and attentive service.
What are the pros and cons of living in Steilacoom?
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The pros of living in Steilacoom include its natural beauty, with stunning views of Puget Sound and the Olympic mountains, as well as its historic charm and strong sense of community. The city also has a number of great parks and outdoor spaces, and a growing food scene. However, some cons include the lack of designated and ADA-compliant sidewalks and bike paths in some neighborhoods, and the fact that the city can be quite small and quiet, which may not be suitable for everyone. Additionally, the median house prices in Steilacoom are higher than the US median, which may be a challenge for some buyers.
Is Steilacoom a good place to live?
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Overall, Steilacoom is a great place to live for those who value natural beauty, historic charm, and a strong sense of community. While it may have some drawbacks, such as limited sidewalks and bike paths, and higher median house prices, the city's many parks, outdoor spaces, and growing food scene make it an attractive option for many. Additionally, the city's small and quiet atmosphere may be a plus for those looking to escape the hustle and bustle of city life. Ultimately, whether Steilacoom is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Steilacoom WA Commercial Property: $59,161
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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