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Listed by:RE/MAX Sound Properties • Nathaly Burnett
$ 899,950
Est. payment | /mo
9,120 Sqft Lot
$ 899,950
Est. payment | /mo
9,120 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision New Tacoma
MLS Listing ID 2491440
Style 60 - Comm Bldg Und 10K
Year Built 1931
Annual Tax Amount $12,045
Lot Size 9,120 Sqft
Property Sub-Type Commercial Industrial
Property Description
Great investment opportunity in Tacoma's Downtown Business District. The property includes a 4-plex apartment building and 46 self-storage units. The apartments are consistently easy to rent with very low vacancy, and Unit #1 was remodeled within the last year. Renovate the remaining units to further increase rents and lease up the storage units for additional income, or explore redevelopment options. The site also offers potential for a mixed-use project with commercial space on the ground floor and apartments or condos above, providing strong upside potential. Owner financing available with 25% down, creating a flexible path for investors looking to secure a well-located income property. Endless possibilities in this well-priced commercial location.
Location
State WA
County Pierce
Area 30 - Central Tacoma
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Stucco
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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