About this home

Income-Producing Commercial Property in Downtown Gig Harbor B-2 zoning with multiple income streams generating approximately $7,500/month. Includes main residence, detached ADU, shop, nearly ¾ acre, and excellent freeway visibility. Perfect for investors, business owners, contractors, office conversion, live/work opportunity, or future redevelopment. Property is currently vacant. Previous rental income totaled approximately $7,500/month, consisting of the upstairs unit ($3,000/month), downstairs unit ($3,000/month), and detached ADU ($1,500/month).That’s $7,500+/month total in rental potential!Recent upgrades include a brand new$30,000 septic system.

Location

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Basics

Property type: Single Family Residence
Style: Traditional
Stories: 1 story
Condition: Good
Year built: 1958 (renovated 1990)
Lot size: 30,928 sq ft (0.71 acres)
County: Pierce
MLS #: NWM2463156

Interior

Heating: Baseboard, Radiator, Stove/Free Standing
Cooling: None
Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Fireplace: 1 · Wood Burning
Interior features: Second Kitchen, Fireplace

Exterior & lot

Exterior features: Wood
Roof: Composition
Foundation: Block
Lot features: Dirt Road
Topography: Level
Waterfront: No

Parking

Garage: Yes
Covered spaces: 2
Parking features: Driveway, Detached Garage, RV Parking

Utilities

Water: Public
Sewer: Septic Tank
Power: Electric

Community & fees

Subdivision: Gig Harbor
Property tax: $1,818 (2024)

Transaction

Original list price: $699,999 (5.7% price cut)
Listed on: Dec 20, 2025
Days on market: 365
Price per sq ft: $230
Listing terms: Cash, Conventional, FHA, VA Loan
Possession: Closing

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Sale history

Earlier listings of this home on the MLS.

2025-03-10: Sold$490,000
2000-08-16: Sold$264,999

Schools

School district: Peninsula

Elementary: Artondale Elem
Middle: Goodman Mid
High: Gig Harbor High
SchoolDigger 4 stars · Top 11% in WA

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Listing provided courtesy of: The Hayes Group LLC

Listing agent: Naja Shenea Poole.

Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-17.