809 38th Street, Tacoma, WA 98418
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- MLS#: NWM2284856 ( Commercial Sale )
- Street Address: 809 38th Street
- Viewed: 1
- Price: $1,550,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1916
- Bldg sqft: 0
- Additional Information
- Geolocation: 47.2233 / -122.444
- County: PIERCE
- City: Tacoma
- Zipcode: 98418
- Subdivision: Lincoln
- Provided by: Venture Real Estate Group LLC
- Contact: Tammie Tom-Freeman
- 425-531-7966
- DMCA Notice
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DescriptionExcellent and rare investment or owner user opportunity located in the heart of Tacoma's revitalized Lincoln District. Proforma CAP 7.45%. Potential redevelopment opportunity with multi use zoning and multiple new development sites nearby within revitalized Lincoln District. The Horsfall mixed use commercial building is comprised of a total of 13 units, three retail spaces and an attached warehouse on main level, on the second level, six studio apartments and three SEDUs with opportunity to change either the floorplan or unit mix during renovation. Great proforma income with second floor residential buildout and retail lease potential. Designated parking behind the building. Conveniently located minutes to Tacoma Mall, T Mobile, & more!
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- None
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Brick
Flooring
- Concrete
- Softwood
- Vinyl
- Carpet
Garage Spaces
- 0.00
Heating
- Forced Air
Insurance Expense
- 0.00
Interior Features
- Concrete
- Fir/Softwood
- Wall to Wall Carpet
Living Area
- 0.00
Area Major
- 54 - South Tacoma
Net Operating Income
- 230098.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 8935015110
Possession
- Closing
Possible Use
- Multi-Family
- Office
- Retail
Property Type
- Commercial Sale
Roof
- Composition
- Flat
Sewer
- Sewer Connected
Tax Year
- 2024
Water Source
- Public
Year Built
- 1916