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JRJeff ReynoldsCompass · Seattle

Listed by Lisa Le, COMPASS

Commercial Industrial
Type
1930
Year built
48,352 sq ft
Lot
335
Days on market

About this property

Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth. Unoccupied wings offer addl income streams, presenting a compelling opportunity for future development. Whether you decide to continue its current use or capitalize on new opportunities, this property provides outstanding return potential & a strong foundation for long-term growth. Rarely does a property with this scale & flexibility become available!

Location & commute

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Directions

Property details

Listing details

Listing number
#2341290
Listed
March 6, 2025
Days on market
335

Parking

Total spaces
20

Construction

Year built
1930
Style
61 - Comm Bldg Ovr 10K
Structure
Unspecified
Roof
Composition

Heating & cooling

Heating
Radiant
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl

Lot

Lot size
48,352 sq ft
Waterfront
Yes

Terms

Terms offered
See Remarks

Utilities

Water
City of Roy
Sewer
Septic Tank
Power
PSE

What stands out to you?

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  • Unspecified
  • Composition
  • Radiant
  • None
  • Electric
  • Vinyl
  • See Remarks
  • Septic Tank

Listing history

  1. Listed

    $2,750,000

    March 6, 2025

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$16,013

Principal & interest
$13,905
Property tax (est.)
$2,108

Assumes $550,000 down (20%), a $2,200,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. All data is obtained from various sources and may not have been verified by broker 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.