Rockhood
$2,750,000List price
Pending

9414 357th Street S · Roy, WA 98558

Source: NWMLS · COMPASS · Lisa Le #NWM2341290

About this home

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

Basics

Property type
Commercial Industrial
Style
Comm Bldg Ovr 10K
Condition
Fair
Year built
1930
Lot size
48,352 sq ft (1.11 acres)
County
Pierce
MLS #
NWM2341290

Interior

Heating
Radiant
Cooling
None
Flooring
Vinyl

Exterior & lot

Exterior features
Wood, Wood Products
Roof
Composition
Foundation
Poured Concrete
Topography
Level
Waterfront
Yes

Utilities

Water
Public
Sewer
Septic Tank
Power
Electric

Community & fees

Subdivision
Roy
Property tax
$14,348 (2024)

Transaction

Listed on
Mar 6, 2025
Days on market
194
Listing terms
See Remarks
Possession
Closing, Subject To Tenant Rights

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2025-03-06
Pending$2,750,000
2020-05-29
Sold$950,000

Schools

High
Yelm High School 12
SchoolDigger 2 stars · Top 52% in WA

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Listing provided courtesy of: COMPASS

Listing agent: Lisa Le.

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 2026-09-02.