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502 512 112th St S Tacoma, WA $ 2,600,000
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$ 2,600,000 Get more info
502 512 112th St S
$ 2,600,000
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502 512 112th St S

Tacoma, WA, 98444
$ 2,600,000
Bedrooms-- Baths--

Monthly Estimate*

$ 16,221

Listed by Better Properties Real Estate
502 512 112th St S, Tacoma, WA 98444 - Image 1
502 512 112th St S, Tacoma, WA 98444 - Image 2
502 512 112th St S, Tacoma, WA 98444 - Image 3
502 512 112th St S, Tacoma, WA 98444 - Image 4
502 512 112th St S, Tacoma, WA 98444 - Image 5
502 512 112th St S, Tacoma, WA 98444 - Image 6
502 512 112th St S, Tacoma, WA 98444 - Image 7
502 512 112th St S, Tacoma, WA 98444 - Image 8
502 512 112th St S, Tacoma, WA 98444 - Image 9
502 512 112th St S, Tacoma, WA 98444 - Image 10
502 512 112th St S, Tacoma, WA 98444 - Image 11
502 512 112th St S, Tacoma, WA 98444 - Image 12
502 512 112th St S, Tacoma, WA 98444 - Image 13
502 512 112th St S, Tacoma, WA 98444 - Image 14
502 512 112th St S, Tacoma, WA 98444 - Image 15
502 512 112th St S, Tacoma, WA 98444 - Image 16

Commercial Property for sale in Tacoma, WA

for $2,600,000. This building was built in 1959 on a lot size of 1.196.

Great opportunity to own a 20,000 square foot +/- commercial building in Parkland. First time on the market in over 50 years. A good mix of tenants. Very low vacancy. The adjacent 1/2 acre +/- vacant lot is included (Parcel #031909-2-059). Urban Corridor (UCOR): Maximum density of 60 housing units per acre and generally a maximum height of 55 feet. 76 parking spaces! Buyer to verify all information. Call today for more details. Cap rate based on commercial building only. Vacant lot valued at $600,000, so affects the total cap rate.

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Commercial Active

Price

$ 2,600,000

Property Type

Commercial

Taxes

$ 33,128

Style

Comm Bldg Ovr 10K

Lot Size

1.196

Year Built

1959

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2444009
Features
General
Living Area 0
Sewer Sewer Connected
Heating Other See Remarks Wall Unit(s)
Cooling Other See Remarks
Possession Subject to Tenant Rights
Roof Flat
HOA Fee 0
Year Built 1959
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Pierce
Net Operating Income 110986
Insurance Expense 6541
Property Type Commercial Sale
HOA N
Subdivision Name Parkland
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions GPS Friendly
City Tacoma
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 0
MLS Area 63 - Parkland
Lot Size Units Square Feet
Lot Size Square Feet 52100
Carport Y/N N
Listing Terms Cash Out
Tax Annual Amount 33128
Property Condition Average
Public Remarks Great opportunity to own a 20 000 square foot +/- commercial building in Parkland. First time on the market in over 50 years. A good mix of tenants. Very low vacancy. The adjacent 1/2 acre +/- vacant
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Sewer Garbage 1200
Property Style 61 - Comm Bldg Ovr 10K
Cap Rate 5.5
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Exterior
Exterior Amenities Cement/Concrete Wood Products
Water Source Public
Total Parking 76
Foundation Details Poured Concrete Slab
Building Area Total 0
Lot Size Acres 1.196
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 76
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Interior
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2444009
Street Number 1 502
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* Excluded Features
List By
Mark Hulen

Listing Agent

Better Properties Real Estate

Broker

Affordability Calculator

$18,981
Per Month
85%
15%
0%
Monthly Principal & Interest
$16,221
Monthly Property Taxes
$2,761
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/11/2025$2,000,000 Listed Price

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502 512 112th St S, Tacoma, WA, 98444 is a Commercial Property for sale at $2,600,000 with a lot size of 1.196. 502 512 112th St S was built in 1959. The property's zip code is 98444 which is in Tacoma, WA

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