Building Bagels buys 3222 56th St in Gig Harbor for $1.7 million

A restaurant at 3222 56th St in Gig Harbor sold for $1,698,000 on August 25, 2026, according to the Pierce County Assessor-Treasurer's sales records. The record lists Building Bagels LLC as the buyer.

The Assessor's records show 3,556 square feet of building area and a 0.72-acre lot. At that size, the price works out to $478 per square foot. The records list a build year of 2001.

The market value on record is $1,512,700, according to the Assessor's records. The sale price is 12% above that. The last sale before this one on record was $1,647,833 in 2020.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Pierce County?

By our estimate, the seller's two largest charges, not counting prorations, were $23,332.50 for the state real estate excise tax (graduated) and $8,490 for the local real estate excise tax (0.50%). Who pays what follows Pierce County custom.

How much did the seller net?

By our estimate, the seller netted about $1,658,517. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $1,696,660 at closing. That covers the full price and closing costs.

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