13415-13417 Pacific Ave S $849,900

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    13415-13417 Pacific Ave S Tacoma, WA 98444

    • 0.46 Acres
    • Commercial/Industrial
    Listing# 1181689 | Active
    Days On Market: 785 8 Views
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    Property Details

    All units rented and cap rate is way up!!! This is a solid built building and a Great Location with good tenants some that have been here for years. Good cash flow and the rents are increasing. Centrally Located on Pacific Avenue with parking and Highway frontage. Lots of room in back and all tenants pay their own utilities. This is a great opportunity to owner occupy or invest in the booming neighborhood!!! All units are now rented with a minimum 1 year lease. Make your offer today!!!

    • General Features
      • County Pierce
      • Zoning Class Commercial, Industrial-Light, Office, Retail
      • Zoning Jurisdiction County
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 6,000
      • Approx Whse/Mfg SqFt 6,000
      • Approx Office SqFt 6,000
      • Total Uncovered Parking 18
      • Total Covered Parking 0
      • Lot Dimensions 116x156
    • Building Features
      • Exterior Cement/Concrete, Metal/Vinyl, Wood, Wood Products
      • Foundation Slab
      • Roof Metal
      • Floor Covering Concrete, Vinyl, Wall-to-Wall Carpet
      • Heating and Cooling Wall
      • Loading 1-3 Bays
    • Property Features
      • Lot Square Footage 19,900
      • Depth of Lot 62
      • Site Frontage 116
      • Expansion Area N
      • Environment Survey Y
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company TPU
      • Energy Source Electric
      • Power Company Mutual Electric
      • Number of Available Pads 0
      • Pad Ready N
    • Financials
      • Free and Clear Y
      • Vacancy Rate 5
      • Total SqFt Rented 4,500
      • Total Monthly Rent $0
      • Gross Rent Multiplier 10
      • Cap Rate -NOI div LP 8.1
      • Gross Scheduled Income $88,800
      • Gross Adjusted Income $84,360
      • Total Expenses $12,871
      • NOI $71,489
      • Electrical Expenses $0
      • Tax Expense $10,871
      • Heating Expense $0
      • Insurance Expense $2,000
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2017

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    Neighborhood

    98444 (Tacoma) Demographics

    32Median Age
    5,168Population Density (per sq. mile)
    23%College Educated
    $39,911 Estimated Median Income
    4,415Estimated Total Home Owners
    8,357Estimated Total Renters
    35% / 65%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    34,771Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $299,950 Median Sales Price
    27 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $849,900
        9/18/2019 4:21:50 PM Status Changed Source New Value: Active
        9/5/2019 8:01:14 AM Status Changed Source New Value: Pending
        8/19/2019 5:11:15 PM Price Reduced Source New Value: $849,900 -2.2%
        5/10/2019 10:11:01 AM Price Reduced Source New Value: $869,000 -1.8%
        8/21/2017 9:03:00 AM New in Database Source New Value: $884,900

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.