Property Details
4117 Key Peninsula Highway SW
Longbranch, WA 98351
$735,000
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Property Overview
Established Longbranch self-storage facility and business on fully fenced 1/2 acre looking for new owners. Included is an approximately 3924 square foot mini warehouse storage builiding with 25 rental units of eleven 5 x 10's, seven 5×12, two 4 x 10, two 5 x 16, two 5 x 5 and one 6 x 10, 10 garages and 4 double garages. There are also 12 cargo containers and a 2 bed, 3/4 bath 500 sf cottage with double paned windows, tile entry, vinyl planked flooring, full kitchen, laundry area with washer and dryer, covered porch and fenced yard with apple and pear trees, ideal for live-on-site caretaker or rent out separately for additional income. There are 6 parking spots that also can be rented. Security system with 7 cameras and 2 monitors included in the transfer. Facilitate smooth tenant consultations in the new hickory shed outbuilding, added in 2024 with propane heating and a durable metal roof. Improvements to cabin include a new composition roof installed April 2026, new drainfield, fixtures, poured foundation and back patio. Roll out torch roof installed on storage building 2023. Fresh gravel just laid and leveled. Storage building is unheated. Serviced by an onsite septic system and a private 16-foot well. Many storage unit customers are long term.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Pierce
Neighborhood
Longbranch
Listed
May 8, 2026
Financial Summary
Cap Rate
7.00%
Net Operating Income
$52,603
Gross Scheduled Income
$80,000
Gross Rent Multiplier
8.75
Total Expenses
$26,615
Vacancy Rate
15.0%
Building & Use
Building Sq Ft
1,920
Zoning
Industrial-Light,Residential
Possible Use
Industrial, Residential
Lot Size
22,098 sqft
Year Built
1930
Exterior & Lot
Lot Size
0.51 sqft
Year Built
1930
Exterior Materials
Metal/Vinyl, Wood
Sewer
Septic Tank
Water Source
Private
Exterior Features
Metal/Vinyl, Wood, Wood Products
Location
City
Longbranch
County
Pierce
Coordinates
47.21911, -122.75873
Additional Information
Tax Year
2025
Annual Taxes
$3,718
Possession
Array
Based on information submitted to the MLS GRID as of May 15, 2026 7:00 PM. 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 is 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. Copyright 2026 NWMLS. All rights reserved.
IDX information is 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. Copyright 2026 NWMLS. All rights reserved.