Sumner, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Sumner, Washington Market population: 10K. Compare commercial properties across all major asset classes with...
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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 Sumner WA Properties: 1.0400%
⭐ 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 Sumner WA
Common questions from investors exploring commercial real estate in Sumner WA.
What's the overall investment outlook for Sumner, WA, considering its demographic and economic factors?
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Sumner, WA presents a stable investment market, with a median household income of $50,206, a relatively low poverty rate of 10.1%, and a high health insurance coverage rate of 91.4%, indicating a working population with access to healthcare. The top industries, including Wholesale Trade and Public Administration, contribute to employment stability, while the average commute time of 29.9 minutes suggests decent infrastructure for residents. Additionally, the ethnic diversity, with 43.6% White and 7.2% Hispanic populations, may attract a broad range of tenants.
How does the poverty rate and health insurance coverage impact the quality of tenants in Sumner, WA?
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The 10.1% poverty rate in Sumner, WA, combined with a high health insurance coverage rate of 91.4%, suggests a relatively stable tenant base with access to employment and healthcare. This, along with the median household income of $50,206 and an average commute time of 29.9 minutes, indicates that tenants are likely to be working individuals with a decent quality of life, making them more reliable for rental payments.
What role do top industries and commute methods play in assessing market demand for real estate investments in Sumner, WA?
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The top industries in Sumner, WA, such as Wholesale Trade and Public Administration, drive employment and contribute to market demand for housing. With commute methods like 'Drove Alone' and 'Worked At Home' being prevalent, and an average commute time of 29.9 minutes, the city's infrastructure supports both locals and commuters, potentially increasing demand for properties, especially those with easy access to major employment hubs.
How does ethnic diversity and the foreign-born rate influence the real estate market in Sumner, WA?
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The ethnic diversity in Sumner, WA, with significant White and Hispanic populations, and a foreign-born rate of 8.5%, can lead to a culturally rich and potentially vibrant community. This diversity may attract businesses and individuals looking for a welcoming environment, thereby influencing the local real estate market by possibly increasing demand for properties and contributing to the area's desirability and growth.
What insights can be gleaned from the median property value, property taxes, and homeownership rate for real estate investment in Sumner, WA?
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The median property value of $242,300, combined with median property taxes of $1,864 and a homeownership rate of 50.4%, suggests a balanced housing market in Sumner, WA. These factors, along with the city's economic and demographic stability, indicated by a median household income of $50,206 and a low poverty rate, make it an attractive location for both homeowners and investors looking for a mix of affordability and potential for appreciation.
Sumner WA Real Estate & City Facts
Key facts and real estate information about Sumner WA.
What are some of the best neighborhoods to live in Sumner?
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Some of the best neighborhoods to live in Sumner include West Sumner, Downtown Sumner, and the Town Center area. These neighborhoods offer a charming small-town feel, with tree-lined streets, family-oriented events, and a close-knit community. For example, West Sumner is known for its beautiful surroundings and friendly community, while Downtown Sumner has a vibrant Main Street with shops and restaurants.
What are some fun things to do in Sumner?
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There are plenty of fun things to do in Sumner, including visiting the Ryan House Museum, exploring the historic downtown area, and checking out the local parks like Loyalty Park. You can also visit the nearby Washington State Fair or take a tour of the surrounding countryside. For instance, the Ryan House Museum features historic items from Sumner's past, while Loyalty Park has a playground and hosts family-oriented events.
What is the food scene like in Sumner?
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The food scene in Sumner is diverse and delicious, with a range of restaurants serving everything from French cuisine to Italian food to classic American comfort food. Some popular spots include the Windmill Bistro, The Buttered Biscuit, and Pura Brasa. There are also plenty of great food trucks and cafes, like Electric Coffee House, that serve up tasty treats. For example, the Windmill Bistro offers farm-to-table cuisine in an intimate setting, while The Buttered Biscuit serves up Southern-style comfort food.
What are the pros and cons of living in Sumner?
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The pros of living in Sumner include its small-town charm, friendly community, and easy access to outdoor recreation. However, some cons include the limited job opportunities and higher cost of living compared to other parts of the state. Additionally, traffic can be a issue during rush hour, and some residents may find the town's quiet atmosphere too sleepy. For instance, the median household income in Sumner is around $50,000, which is lower than some other parts of the state, but the town's low crime rate and good schools make it an attractive option for families.
Is Sumner a good place to live?
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Overall, Sumner is a great place to live for those who value a small-town atmosphere, outdoor recreation, and a strong sense of community. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle or high-paying job opportunities, Sumner's unique blend of charm, natural beauty, and friendly residents make it a wonderful place to call home. For example, the town's annual Rhubarb Festival is a popular event that brings the community together, and the nearby Mount Rainier National Park offers endless opportunities for hiking and outdoor adventure.
⭐ 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 Sumner WA Commercial Property: $50,206
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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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