1. Washington
  2. Tacoma
  3. 809 S 38th Street
$1,269,000

809 S 38th Street, Tacoma, WA 98418

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

This listing courtesy of Tammie Tom-Freeman, Venture Real Estate Group LLC

***Price Reduction -$280K** 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 w/multi-use zoning and multiple new development sites nearby within revitalized Lincoln District. Horsfall mixed-use comm building comprised of total of 13 units, three retail spaces & attached warehouse on main level, on 2nd level, six studio apartments and three SEDUs with opportunity to change either the floorplan or unit mix during renovation. Great proforma income w/ 2nd floor resi buildout & retail lease potential. Designated parking behind building. Conveniently located minutes to Tacoma Mall, T-Mobile, & more! Property sold "As Is"

Listing Status:
Active
Listing Office:
Venture Real Estate Group LLC : 425-531-7966
Listing Agent:
Tammie Tom-Freeman : 425-531-7966
MLS ID:
2284856
  • General: Concrete
  • Flooring: ConcreteSoftwoodVinylCarpet
  • A/C: None
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Tammie Tom-Freeman, Venture Real Estate Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Whitman Elementary School

1120 S 39th St, Tacoma, WA, 98418

Grades PK-5

0.26 miles away

S

Stewart Middle School

6501 S 10th St, Tacoma, WA, 98465

Grades 6-8

0.92 miles away

L

Lincoln High School

701 S 37th St, Tacoma, WA, 98418

Grades 9-12

0.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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