201 N I Street, Tacoma, WA 98403

$705,000

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Listing courtesy of Realty One Group Turn Key. Selling Office: ZNonMember-Office-MLS.

Sold Price
$705,000
List Price
$750,000
Status
SOLD
MLS#
2451591
Closing Date
Jun 29, 2026
Days on Market
537
Annual Tax Ammount
8785

Property Description

Turn Key Multi-Unit commercial building in coveted North Tacoma. In the heart of Tacoma's Historic Stadium district, near Wright Park, Tacoma General, County Court House & City of Tacoma Buildings. Both units open up to N I St, less than a block away from Tacoma Light Rail. Main unit is over 2500 SqFt, featuring a beautiful lobby, five private offices & an additional large room. Perfectly laid out for office space. Adjoining 2nd unit has its own entrance, with 2 offices & beautiful lobby with excellent daylight. The building is ADA-accessible. Most electrical & plumbing updated in 2006-07, during a full building remodel. New Construction going up next door. Neighborhood/Commercial NCX Zone, various development opportunities.

Additional Information

Community
Tacoma
Building Condition
Very Good
Style
60 - Comm Bldg Und 10K
Year Built
1925
Roof
Flat, See Remarks, Torch Down
Tax Year
2024
Potential Terms
Cash, Conventional
Flooring
Concrete, Vinyl
Driving Directions
From Division Ave, turn West on N I St, building is on the right at the corner of N 2nd St and N I St.
Electric Expenses
2040
Other Expenses
4000
Energy Source
Electric, Natural Gas
Net Operating Income
$48,025
Gross Adjusted Income
$76,968
Gross Scheduled Income
$76,968
Water/Sewer/Garbage Expenses
$4,080
Cap Rate
5.67
Vacancy Rate
3
Total Expenses
$28,961
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.
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