7031 Pacific Avenue, Tacoma, WA 98408

$727,200

Listing courtesy of Better Properties N. Proctor. Selling Office: Best Choice Realty, LLC.

Sold Price
$727,200
List Price
$850,000
Status
SOLD
MLS#
1586426
Closing Date
Aug 31, 2020
Days on Market
118
Annual Tax Ammount
4653
Bank Owned
Yes

Property Description

Bank owned building. Current use is a motel. CCX-Community Commercial Mixed Use. Main building is a 8 unit Motel, 2nd a 3bd/2.5bth live/work house. Uses: Office, Retail, Restaurant, Drive Through, Gas Station, Self Storage, Large Scale Retail, Personal Services, Multi Family. Max building height 60 ft w/ no set backs. Lot size 75 x 284 , 21,375 sqft. High income business opportunity-future development potential. In 2013 Annual Gross Rental Income is $165,000.00+, $13,750.00 month. Owner Finance.

Additional Information

Community
Tacoma
Style
60 - Comm Bldg Und 10K
Year Built
1953
# of Assigned Spaces
15
Roof
Composition, Torch Down
Tax Year
2019
Potential Terms
Cash Out, Conventional, Owner Financing
Interior Features
Ceramic Tile
Flooring
Ceramic Tile
Driving Directions
72nd street exit off of I-5, head east. Turn left on Pacific Ave, property on right side.
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