Gig Harbor, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Gig Harbor, Washington Market population: 10K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Gig Harbor WA Properties: 82.0000%
⭐ 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 Gig Harbor WA
Common questions from investors exploring commercial real estate in Gig Harbor WA.
What's the overall investment outlook for Gig Harbor, WA?
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Gig Harbor's 4.5% poverty rate and 96.2% health insurance coverage suggest a stable market with access to employment opportunities, while its top industries in Health Care & Social Assistance, Retail Trade, and Manufacturing indicate a diverse economy. The median household income of $83,419 and average commute time of 34.4 minutes also contribute to its attractiveness as an investment destination.
How does the local economy impact real estate investment in Gig Harbor?
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The city's strong economy, with a median household income of $83,419 and a low poverty rate of 4.5%, combined with its top industries in Health Care & Social Assistance, Retail Trade, and Manufacturing, suggests a high demand for housing. Additionally, the 74.2% homeownership rate and median property value of $433,400 indicate a stable and potentially appreciating housing market.
What role does ethnic diversity play in the local real estate market?
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Gig Harbor's ethnic diversity, with a majority of White (83.1%) and significant Asian (6.3%) and Two Or More (4.4%) populations, contributes to a culturally rich and potentially resilient market. The foreign born rate of 8.1% also suggests an influx of new ideas and skills, which can positively impact the local economy and housing demand.
How do quality of life metrics impact investment decisions in Gig Harbor?
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The average commute time of 34.4 minutes and high health insurance coverage rate of 96.2% in Gig Harbor indicate a high quality of life, which can attract and retain residents, and thus, support the local real estate market. Furthermore, the top commute methods, with 77.2% driving alone and 10.5% working from home, suggest a flexible and adaptable workforce.
What are the key factors to consider when evaluating rental yields in Gig Harbor?
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When evaluating rental yields in Gig Harbor, consider the median rent of $1,442, the median property value of $433,400, and the relatively low poverty rate of 4.5%, which together suggest a stable and potentially profitable rental market. The high health insurance coverage rate of 96.2% and low income inequality (GINI coefficient of 0.414) also indicate a market with reliable tenants and relatively low risk.
Gig Harbor WA Real Estate & City Facts
Key facts and real estate information about Gig Harbor WA.
What are some of the best neighborhoods to live in Gig Harbor?
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Some of the best neighborhoods to live in Gig Harbor include View Basin, Soundview, Gig Harbor North, Peacock Hill, Rosedale / Hunt, and North Rosedale. Each neighborhood has its own unique character and advantages, so it's worth researching to find the one that best fits your needs and preferences.
What are some fun things to do in Gig Harbor?
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Gig Harbor has a lot to offer when it comes to things to do. You can explore the many trails that wind through the area, visit the Harbor History Museum, check out the Cushman Trail, or take a walk along the waterfront. There are also plenty of great restaurants and cafes to try, and the city hosts various events and festivals throughout the year. Some popular attractions include the Tacoma Narrows Bridge, Sehmel Homestead Park, and Eddon Boat Park.
What is the food scene like in Gig Harbor?
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The food scene in Gig Harbor is diverse and delicious. You can find everything from waterfront seafood joints to cozy cafes, and there are plenty of great restaurants to try. Some popular spots include Netshed No. 9, Devoted Kiss Cafe, Tides Tavern, Greenhouse Restaurant, and Brix 25. There are also plenty of great breweries and wine bars to check out, such as 7 Seas Brewing and WOVEN Seafood & Chophouse by Roy Yamaguchi.
What are the pros and cons of living in Gig Harbor?
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Living in Gig Harbor has its pros and cons. On the plus side, the city has a beautiful waterfront, plenty of outdoor recreation opportunities, and a strong sense of community. However, it can also be quite expensive, especially when it comes to housing. Traffic can also be a challenge, especially during rush hour. Additionally, some residents have noted that the city can feel a bit sleepy or quiet at times, which may not be ideal for everyone. Overall, it's worth weighing the pros and cons carefully to decide if Gig Harbor is the right fit for you.
Is Gig Harbor a good place to live?
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Gig Harbor can be a great place to live, depending on your individual needs and preferences. The city has a lot to offer, from its beautiful waterfront and outdoor recreation opportunities to its strong sense of community and diverse food scene. However, it's also important to consider the potential downsides, such as the high cost of living and traffic challenges. Ultimately, whether or not Gig Harbor is a good place to live will depend on your personal priorities and what you're looking for in a community. It's worth doing your research and visiting the city in person to get a sense of whether it might be the right fit for you.
⭐ 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 Gig Harbor WA Commercial Property: $83,419
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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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