9249 Pacific Avenue Tacoma, WA $ 1,890,000
9249 Pacific Avenue
$ 1,890,000
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9249 Pacific Avenue

Tacoma, WA, 98444
$ 1,890,000
Baths0.0

Monthly Estimate*

$ 13,202

Listed by Better Properties UP/Fircrest
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Studio

Commercial Property for sale in Tacoma, WA

for $1,890,000. This building was built in 1980 on a lot size of 1.6499.

Two credit tenants on a 1.65 acre parcel. Enterprise invested over $1MM in tenant improvements and Verizon paid for and built a pad with cell tower. Newer HVAC heat pump has been installed. Long term leases for both tenants with 2 and 3% yearly escalators. Phase One and limited Phase Two environmental assessment completed in 2019 and 2020. Leases are NNN with real estate taxes and risk insurance paid directly by tenants. This is the investment you've been looking for. Value is ultimately in the real property market value. Buyer to verify all information to their satisfaction.

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Commercial Active

Price

$ 1,890,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

1.6499

Year Built

1980

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2184099

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air Heat Pump
Cooling Forced Air Heat Pump
Possession Closing Tenant's Rights
Roof Flat
Exterior Features Wood
HOA 0
Year Built 1980
Topography Level
Property SubType Commercial Industrial
Tax Year 2023
County Pierce
Net Operating Income 62724
Insurance Expense 0
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name South Tacoma
Possible Use Business Commercial Retail
Building Features Signage Included
Special Listing Conditions None
Status Active
Directions From I-5 travel east on SR-512 then the Pacific Ave exit (SR-7). Travel north on Pacific Ave to the property on the right.
City Tacoma
Buyer Agent Compensation 2.5
Senior Community Y/N N
Total Units 2
MLS Area 62 - Southeast Tacoma
Lot Size Square Feet 71869
Carport Y/N N
Street Name Pacific
Listing Terms Cash Out
Tax Annual Amount 0
Electric Expense 0
Fuel Expense 0
Public Remarks Two credit tenants on a 1.65 acre parcel. Enterprise invested over $1MM in tenant improvements and Verizon paid for and built a pad with cell tower. Newer HVAC heat pump has been installed. Long term
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Water Company Tacoma Public Utilities
Total Actual Rent 5227
Zoning Class Business Commercial Retail
Water Sewer Garbage 0
Property Style 75 - Retail
Cap Rate 3.32
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Interior
Flooring Vinyl Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Water Source Public
Total Parking 67
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 166' x 431'
Lot Size Acres 1.6499
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 166
Parking Uncovered Total 67
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Internal Only
OriginalMLSID NWM2184099
Street Number 1 9249
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* Excluded Features
List By
JR Poulsen

Listing Agent

Better Properties Up/Fircrest

Broker

Affordability Calculator

$13,202
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,202
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2024$1,890,000 -5.03% Price Down
12/18/2023$1,990,000 -9.55% Price Down
12/5/2023$2,200,000 Listed Price

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9249 Pacific Avenue, Tacoma, WA, 98444 is a Commercial Property for sale at $1,890,000 with a lot size of 1.6499. 9249 Pacific Avenue is a studio with 0.0 baths and was built in 1980. The property's zip code is 98444 which is in Tacoma, WA