809 38th Tacoma, WA 98418 – 809 S 38th Street

809 S 38th Street (Status: Pending) 1269000

809, 38th, Tacoma, WA  98418

Excellent opportunity and rare investment or owner user located in the heart of Tacoma’s revitalized Lincoln District. Second level has framework with previous residential units. Potential to build 12-13 studio/1-bed units on upper level with 3-4 retail units on main level. Proforma CAP 7.45%. Multi-use zoning and multiple new development sites nearby within revitalized Lincoln District. Main level has attached warehouse on main level. Great proforma income potential with second floor residential buildout and retail lease opportunity. Designated parking behind the building. Conveniently located minutes to Tacoma Mall, T-Mobile, 24 Hour Fitness, Safeway, Target & more. Perfect project investment in a growing and developing market in Tacoma. ** Property sold “As Is”.

Listing Details

Asset Class: Retail,Multi-Family,Specialty
Year Built: 1916
Building Total Square Feet: 17320
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: NCX

Listing Courtesy of: Venture Real Estate Group

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.