***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 Provided Courtesy of Tammie Tom-Freeman, Venture Real Estate Group LLC
General Information
NWM2284856
Commercial Industrial
184
DOM
0.3 acres
0
1916
Multi-F
Pierce
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Tammie Tom-Freeman, Venture Real Estate Group LLC
Krishna Realty data last checked: Jun 04, 2025 05:27 | Listing last modified Mar 21, 2025 03:53,
Source:
Download our Mobile app
Residence Information
0
Composition, Flat
75 - Retail
1916
Poured Concrete
Features and Utilities
Concrete, Fir/Softwood, Wall to Wall Carpet
Brick
Public
Sewer Connected
0
Financial
7053
08-30-2024
Comparable Information
184
184
$1,550,000
$1,550,000
Mar 21, 2025 03:53
Schools
Map
Listing courtesy of 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"
