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764 S 38th Street Tacoma, WA $ 1,750,000
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$ 1,750,000 Get more info
764 S 38th Street
$ 1,750,000
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764 S 38th Street

Tacoma, WA, 98418
$ 1,750,000
Bedrooms-- Baths--

Monthly Estimate*

$ 10,775

Listed by Vantage Real Estate
764 S 38th Street, Tacoma, WA 98418 - Image 1
764 S 38th Street, Tacoma, WA 98418 - Image 2
764 S 38th Street, Tacoma, WA 98418 - Image 3
764 S 38th Street, Tacoma, WA 98418 - Image 4
764 S 38th Street, Tacoma, WA 98418 - Image 5

Commercial Property for sale in Tacoma, WA

for $1,750,000. This building was built in 1906 on a lot size of 0.1225.

Lincoln commercial unit with 5 units on the street level, ground floor, in the revitalized Lincoln Business District and International District. Popular restaurant as anchor. Ground floor commercial spaces all occupied. Opportunity to utilize the second floor of the building as office or retail space for additional rental income (buyer to verify).

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 7,180

Style

Retail

Lot Size

0.1225

Year Built

1906

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2443366
Features
General
Living Area 0
Sewer Sewer Connected
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1906
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Pierce
Net Operating Income 79392
Insurance Expense 7200
Property Type Commercial Sale
HOA N
Subdivision Name Lincoln
Possible Use Commercial Retail
Special Listing Conditions None
Status Active
Directions At the intersection of S 38th St and S Yakima Ave
City Tacoma
Senior Community Y/N N
Zoning Description Commercial Retail
Number Of Units Total 5
MLS Area 51 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 5336
Carport Y/N N
Listing Terms Cash Out Conventional Owner Financing
Tax Annual Amount 7180
Electric Expense 0
Fuel Expense 0
Public Remarks Lincoln commercial unit with 5 units on the street level ground floor in the revitalized Lincoln Business District and International District. Popular restaurant as anchor. Ground floor commercial sp
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 8763
Water Sewer Garbage 8400
Property Style 75 - Retail
Cap Rate 4.5
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 0
Building Area Total 0
Lot Size Acres 0.1225
Irrigation Water Rights Y/N N
Site Frontage 110
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Internal Only
OriginalMLSID NWM2443366
Street Number 1 764
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* Excluded Features
List By
Alvin Chang

Listing Agent

Vantage Real Estate

Broker

Affordability Calculator

$11,373
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,775
Monthly Property Taxes
$598
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
10/9/2025$1,750,000 Listed Price

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764 S 38th Street, Tacoma, WA, 98418 is a Commercial Property for sale at $1,750,000 with a lot size of 0.1225. 764 S 38th Street was built in 1906. The property's zip code is 98418 which is in Tacoma, WA

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