About 809 S 38th Street
***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"
Features of 809 S 38th Street
| MLS® # | 2284856 |
|---|---|
| Price | $1,269,000 USD |
| Acres | 0.30 |
| Year Built | 1916 |
| Type | Commercial Sale |
| Sub-Type | Commercial Industrial |
| Status | Active |
Community Information
| Address | 809 S 38th Street |
|---|---|
| Area | 54 - South Tacoma |
| Subdivision | Lincoln |
| City | Tacoma |
| County | Pierce |
| Province | WA |
| Postal Code | 98418 |
Amenities
| Parking Spaces | 16 |
|---|
Interior
| Interior Features | Concrete, Fir/Softwood, Wall to Wall Carpet |
|---|
Exterior
| Exterior Features | Brick |
|---|---|
| Foundation | Poured Concrete |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Venture Real Estate Group LLC |
|---|