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Commercial For sale Retail Retail Pad

Retail Property for Sale in Home Washington 98349

15610 Olson Drive Northwest, Home, Washington 98349

$1,050,000
Listed Jun 30, 2025
1 acres
Lot
1962
Built
1
Stories
40
Parking
1
Units
Class C
Class

About this property

Retail Property for Sale in Home Washington 98349 is a retail for sale in Home, Washington, listed at $1,050,000. Key details: year built 1962, lot size 1 acres, stories 1, parking spaces 40. Listed by Daniel Wakefield of Keller William Commercial Puyallup on LoopingCloud and last updated June 30, 2025.


Property Description

This level, one-acre corner lot is a rare find, ideally located in one of the most sought-after areas of the Key Peninsula. Its high-visibility frontage on Key Peninsula Highway makes it perfect for developers and business owners. The property offers endless possibilities, suitable for an urgent care facility, daycare center, hotel/lodging, retail strip mall, office space, residential development, or a mixed-use project.

The existing structure includes a spacious retail area and three additional office or retail spaces, each with private entrances for maximum flexibility. Situated in a high-traffic area with excellent accessibility, this property holds incredible potential for new development or expanding the current structure. Don't miss this opportunity to bring your vision to life in the vibrant commercial hub of the Olympic Peninsula.


Area Description

The Key Peninsula, located in Pierce County, Washington, is a scenic and tranquil area renowned for its natural beauty, rural charm, and proximity to Puget Sound. Stretching south from the Kitsap Peninsula and bordered by Henderson Bay, Carr Inlet, and Case Inlet, it offers stunning views and abundant outdoor recreation opportunities.

While providing a peaceful rural atmosphere, the Key Peninsula is conveniently located about 25 miles west of Tacoma and within commuting distance to Seattle. It's a haven for nature enthusiasts, boasting several parks, trails, and water access points like Penrose Point State Park, Joemma Beach State Park, and Key Peninsula Civic Center Park. Popular activities include boating, fishing, hiking, and wildlife observation.

The Key Peninsula is experiencing steady growth while maintaining its small-town charm, attracting both long-time residents and newcomers seeking a quiet lifestyle. It provides essential amenities such as schools, grocery stores, restaurants, and community centers, with larger shopping and healthcare options readily available in nearby Gig Harbor and Tacoma. Major roadways, including the Key Peninsula Highway, ensure easy access to neighboring communities and regional hubs.

The Key Peninsula offers a unique blend of rural beauty and strategic location, making it ideal for those seeking serenity or development opportunities.

Key highlights

  • In the heart of Key Center
  • Across from the IGA shopping center
  • Formerly, O’Callahan’s Pub & Grill

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1962
Lot Size
1 acres
Stories
1
Parking Spaces
40
Total Units
1
Building Class
Class C
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $1,050,000 - - - -

Features and amenities

Highlights

  • In the heart of Key Center
  • Across from the IGA shopping center
  • Neighboring properties include: Sunnycrest Nursery, Capitol Lumber, Key Center Tavern, Reed’s Good Food & Spirits, El Sombrero Family Restaurant, Cutter Bug, and Madrona Cafe
  • Formerly, O’Callahan’s Pub & Grill
  • Near Vaughn Elementary School, Key Peninsula Middle School, and Peninsula High School

Location

Address as shown by the lister.

Get directions

About this area - Lakebay

Population
3,875
Housing units
2,087
Land area
22.0 sq mi
County
Pierce

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Links

3 links

Frequently asked questions

What is the asking price of Retail Property for Sale in Home Washington 98349?

Retail Property for Sale in Home Washington 98349 is listed at $1,050,000.

Where is Retail Property for Sale in Home Washington 98349 located?

The property is in 15610 Olson Drive Northwest, Home, Washington 98349, Pierce County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The lot is 1 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Daniel Wakefield of Keller William Commercial Puyallup listed this property. Use the Request Info button to send a message or call (253) 840-5574.

When was this listing published?

It was published on June 30, 2025 and last updated on June 30, 2025.

Listing information

Listing ID
CL-Washington-25770
Published
Jun 30, 2025
Last updated
Jun 30, 2025
Views
367

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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