REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by Venture Real Estate Group LLC

$ 1,550,000

Est. payment -/mo

Save

Active

809 S 38th ST Tacoma, WA 98418

0.3 Acres Lot

UPDATED:

09/06/2024 01:43 AM

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Lincoln

MLS Listing ID 2284856

Style 75 - Retail

Year Built 1916

Annual Tax Amount $7,053

Lot Size 0.298 Acres

Property Description

Excellent 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!

Location

State WA

County Pierce

Area 54 - South Tacoma

Interior

Interior Features Concrete, Fir/Softwood, Wall to Wall Carpet

Flooring Concrete, Softwood, Vinyl, Carpet

Fireplace Yes

Exterior

Exterior Feature Brick

Roof Type Composition,Flat

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

ONE Real Estate

Broker

+1(360) 201-0908

Get More Information

Quick Search

There are 16 quick searches