James & Angie Smith

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Listing provided courtesy of HomeSmart Real Estate AssocNWMLSas Distributed by MLSGrid- MLS# NWM2520549MLS Provider

4117 Key Peninsula Highway SWLongbranch, WA 98351

Commercial · 0.51 Acres
$735,000 Active

4117 Key Peninsula Highway SW Overview

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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 5x12, 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 750 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.

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4117 Key Peninsula Highway SW Facts & Features

  • Type Commercial
  • Lot 0.51 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 16797
  • Electric Expense: 1742
  • Fuel Expense: 128
  • Gross Scheduled Income: 80000
  • Insurance Expense: 3480
  • Net Operating Income: 52603
  • Total Expenses: 26615.19
  • Water/Sewer/Garbage: 750

Building Information

  • Year Built: 1930

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 4 - Key Peninsula South
  • Subdivision Name: Longbranch

Tax Information

  • Tax Annual Amount: $3,718.19
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, Owner Will Carry
  • Parcel Number: 0020133018
  • Possible Use: Industrial,Residential
  • Property Condition: Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 1920
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 500
  • Ceiling Height: 10
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Concrete
  • Foundation Details: Poured Concrete, Slab
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Propane

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 6
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.5073
  • Lot Size Dimensions: 225 x 100
  • Lot Size Square Feet: 22100
  • Lot Size Units: Square Feet
  • Site Frontage: 225
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Private

Building Exterior/Construction

  • Roof: Composition, Metal, Torch Down
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Exterior Features: Metal/Vinyl, Wood, Wood Products
  • Number Of Units Total: 0
  • Sewer: Septic Tank

4117 Key Peninsula Highway SW Neighborhood

Community

98351 (Longbranch) Demographics

56
Median Age
83
Population Density (per sq. mile)
29%
College Educated
$51,109
Estimated Median Income
565
Estimated Total Home Owners
108
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4117 Key Peninsula Highway SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4117 Key Peninsula Highway SW Market Data

Based on the last 30 days in this zip code

$1,306,610
Average List Price
$561
Average Price per Square Foot
3
Properties Sold
120
Average Days on Market
20
Properties for Sale
Calculations provided by Reliance Network

4117 Key Peninsula Highway SW History

Date Event Value Agent
5/14/2026Source: NWMLS Added to Database
May 14, 2026