$1,250,000
2509 S Holgate St,
Tacoma WA, 98402
Description
PRICE REDUCED $250,000 !!! 8.5% CAP RATE!! $163,200 Gross Income. Recent price drop makes this property a Great Investment. The classic 5 story brick Pacific Brewing Building has never looked better!!! The Original Pacific Brewing and Malting Company Building of Tacoma has vistas of Tacoma, Puget Sound, and the Tacoma Dome. Located in the revitalized University of Washington-Tacoma area. Over 40,000 sq ft of warehouse, commercial, and office. Superb tenants. An additional 10,000 sqft of the building tower is not currently being used so huge upside potential for rental income. PHASE 1 and PHASE 2 ESA have been completed. EZ access to Sound Transit Station and Tacoma Dome. Property also fronts on C Street.
Details
| MLS# | 582676 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Industrial |
| Status | Pending |
| Year | 1918 |
| Days On Site | 4935 |
Features
| Building(s) | 1 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.53 |
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| Area Information | |
|---|---|
| State | WA |
| County | Pierce |
| City | Tacoma |
| Zip Code | 98402 |
| Area | TacomaCBD |
| Listing VS Median (in 98402) | |
Price: $1,250,000 low | high Med: $22 On Site: 4935 low | high Med: 307 | |
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
SqFt: 0 - 0
Listing Updated: January 15, 2021 1:45:31 PM PST
MLS Number: 582676Listing Provided By:
James Marso of Better Properties North Proctor