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Listed by:RE/MAX Sound Properties • Nathaly Burnett

$899,950

Est. payment - /mo

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9,120 Sqft Lot

Active

1134 Fawcett AVE Tacoma, WA 98402

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision New Tacoma

MLS Listing ID 2491440

Style 60 - Comm Bldg Und 10K

Year Built 1931

Annual Tax Amount $12,045

Lot Size 9,120 Sqft

Property Sub-Type Commercial Industrial

Property Description

Great investment opportunity in Tacoma's Downtown Business District. The property includes a 4-plex apartment building and 46 self-storage units. The apartments are consistently easy to rent with very low vacancy, and Unit #1 was remodeled within the last year. Renovate the remaining units to further increase rents and lease up the storage units for additional income, or explore redevelopment options. The site also offers potential for a mixed-use project with commercial space on the ground floor and apartments or condos above, providing strong upside potential. Owner financing available with 25% down, creating a flexible path for investors looking to secure a well-located income property. Endless possibilities in this well-priced commercial location.

Location

State WA

County Pierce

Area 30 - Central Tacoma

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Stucco

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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