615 N Meridian - Auto Dealership FOR SALE


Puyallup, WA 98371- Downtown Puyallup
$5,200,000 USD
253-722-1458
615 N Meridian, Puyallup, WA for Sale
$5,200,000 USD
Auto Dealership - FOR SALE
1/6
null | Request Cap Rate

615 N Meridian
Puyallup, WA 98371
Downtown Puyallup


HIGHLIGHTS

  • Prominent Auto Row location along North Meridian corridor with significant daily traffic.
  • 2.21 acres of commercially zoned land with improved infrastructure and extensive paved yard.
  • ±12,890 SF building featuring dedicated office, showroom, and service shop areas.
  • Fully fenced and illuminated site providing security and operational convenience.
  • General Commercial zoning allowing broad retail, service, and automotive uses.
  • Close proximity to national auto groups, big-box retailers, and major commuter routes.

OVERVIEW

615 N Meridian in Puyallup offers a unique opportunity to acquire a well-positioned commercial site on the city’s high-visibility Auto Row corridor. Spanning 2.21 acres, this property is fully improved with a combination of showroom, office, and maintenance/shop facilities totaling approximately 12,890 square feet, complemented by additional covered structures and storage areas. The extensive yard area provides exceptional flexibility for vehicle display, inventory, or fleet operations. Located along Meridian Avenue, one of Puyallup’s busiest thoroughfares, the site benefits from robust traffic counts, strong market visibility, and proximity to national auto brands and major retailers. Zoning is General Commercial (CG), supporting a wide range of uses, creating a long-term investment with versatile redevelopment potential. Secure fencing and lighting enhance operational safety, while onsite shop and office components support a turnkey automotive or service-oriented business platform. Properties of this scale, location, and configuration in Puyallup remain highly sought after, making this an attractive acquisition for owner-users or investors focused on automotive, service, or retail-driven strategies.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

NORTH MERIDIAN YARD & OFFICE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

CG

APN/PARCEL ID

042027-2212

ASK ABOUT THIS PROPERTY

Matt McLennan, SIOR,CCIMKidder MathewsMore Info
253-722-1458

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Matt McLennan, SIOR,CCIMKidder MathewsMore Info
253-722-1458

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.