21624 Pacific Highway S Des Moines, WA $ 2,000,000
21624 Pacific Highway S
$ 2,000,000
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21624 Pacific Highway S

Des Moines, WA, 98198
$ 2,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,477

Listed by Safegate Real Estate
21624 Pacific Highway S, Des Moines, WA 98198 - Image 1
21624 Pacific Highway S, Des Moines, WA 98198 - Image 2
21624 Pacific Highway S, Des Moines, WA 98198 - Image 3

Commercial Property for sale in Des Moines, WA

for $2,000,000. This building was built in 1963 on a lot size of 0.4337.

Prime Location in Des Moine! Right on Pacific Highway South. Long Term Tenant with stable income stream.

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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 11,600

Style

Comm Bldg Und 10K

Lot Size

0.4337

Year Built

1963

Town/City

Des Moines

County/Region

King

MLS | Web ID

2403581

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1963
Topography Sloped
Property Subtype Commercial Industrial
Tax Year 2025
County King
Net Operating Income 66150
Insurance Expense 4000
Property Type Commercial Sale
HOA N
Subdivision Name Des Moines
Possible Use Commercial
Building Features Signage Included
Special Listing Conditions None
Status Active
Directions Take exit 149 on I-5 Turn Left on Pacific Highway Property is on the left.
City Des Moines
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 3
MLS Area 120 - Des Moines/Redondo
Lot Size Units Square Feet
Lot Size Square Feet 18890
Carport Y/N N
Listing Terms Cash Out
Tax Annual Amount 11600
Property Condition Average
Public Remarks Prime Location in Des Moine! Right on Pacific Highway South. Long Term Tenant with stable income stream.
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 6900
Property Style 60 - Comm Bldg Und 10K
Cap Rate 3.3
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Interior
Interior Amenities Concrete
Flooring Concrete Laminate
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 10
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.4337
Irrigation Water Rights Y/N N
Parking Uncovered Total 10
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Internal Only
OriginalMLSID NWM2403581
Street Number 1 21624
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* Excluded Features
List By
Michael Thai

Listing Agent

Safegate Real Estate

Broker

Affordability Calculator

$13,444
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$967
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2025$2,000,000 Listed Price

Map


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21624 Pacific Highway S, Des Moines, WA, 98198 is a Commercial Property for sale at $2,000,000 with a lot size of 0.4337. 21624 Pacific Highway S was built in 1963. The property's zip code is 98198 which is in Des Moines, WA