935 Fawcett Avenue, Tacoma, WA 98402
- $1,350,000
Listing courtesy of Hawkins Poe. Selling Office: Atlas Foresight LLC.
- Sold Price
- $1,350,000
- List Price
- $1,400,000
- Status
- SOLD
- MLS#
- 2237272
- Closing Date
- Nov 26, 2024
- Days on Market
- 39
- Annual Tax Ammount
- 1188
- Internet Provider
- Comcast
Property Description
Incredible Opportunity! This 5025 square foot office building has endless possibilities. This extremely well-kept office building features 8 offices, a conference area, huge break/meeting area, 3 bathrooms, 2 storage rooms & 19 parking spaces. This wonderful building is in the heart of Downtown Tacoma. within walking distance to the link light rail, restaurants, City of Tacoma Building, parks, etc. This property is perfect for the savvy investor. According to the City of Tacoma there is potential for redevelopment of a retail, high rise building, offices, restaurant and a Daycare. There are NO Parking Requirements. The height restriction is 400 FT. Buyer to verify information with the City of Tacoma. Hurry! This building will not last.
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Additional Information
- Community
- Tacoma
- Building Condition
- Very Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1969
- # of Assigned Spaces
- 19
- Roof
- Flat
- Tax Year
- 2023
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Wall to Wall Carpet
- Flooring
- Vinyl, Carpet
- Driving Directions
- From 9th St and Pacific Ave, Head west on 9th ST to Fawcett Ave, Turn left on Fawcett Ave to building on left side.
- Electric Expenses
- 4458
- Other Expenses
- 5010
- Energy Source
- Electric
- Net Operating Income
- $84,032
- Water/Sewer/Garbage Expenses
- $2,919
- Cap Rate
- 9.5
- Total Expenses
- $29,344
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.