19815 Mountain Highway E, Spanaway, WA 98387

Property Description

**LOCATION. VISIBILITY. INCOME. FLEXIBILITY.** This high-visibility mixed-use commercial property delivers all four! Retail space, multiple storefronts, and an apartment upstairs. Situated on a prime .24 acre corner lot along busy Mountain Highway with approximately 3,160 sq ft total, offering ample parking and a fully remodeled 1-bedroom apartment upstairs. The 2,584 sq ft main level is designed for maximum flexibility, with an established busy hair salon that's occupied for 7 years and enjoys use of a shared 1/2 bath; a huge open retail space (formerly home to a successful boutique w/2 dressing rooms) has intentionally been left vacant for new owners vision and next business venture. A back-corner space features a large room with vaulted ceilings, plumbing for 2 more sinks, and a 3/4 bath. While two additional smaller rooms in the front have a separate entrance to the parking lot/Mountain Highway and also provisions for a sink. The two larger vacant areas have an estimated rental value of $3,000/month combined, excluding the two smaller front rooms. Updated double-pane vinyl windows, nearly new exterior paint, new roof in 2017, 3 mini-splits, laminate floors, served by a well & septic which keeps utility costs down, and numerous upgrades throughout. Apartment and hair salon have seen 100% occupancy in recent years and both would like to stay. Owner-occupy, lease multiple spaces, or create your own commercial hub—this property can cash-flow even without full occupancy!