8.5% CAP RATE!! $163,200 Gross Income. Recent price drop makes this property a Great Investment. The Original Pacific Brewing and Malting Company Building. Classic 5 story brick building with vistas of Tacoma. Located in the revitalized UW-Tacoma and Brewery District. 40,000+ sq ft of commercial, warehouse, industrial. office. Great cash flow. Superb tenants. EZ access to Sound Transit and I-5. Phase 1 and Phase 2 ESA completed. Big upside potential by utilizing 100% of the building.
Source: NWMLS / Better Properties N. Proctor
- Year Built 1918
- Lot Size 22,895 sq ft
- Parking Spaces 0
- Exterior Features Brick
- Interior Features Forced Air, Concrete
- Floor Covering Concrete
- Annual Taxes $21,040 (2020)
- MLS Number 1436904
Based on information submitted to the MLS GRID as of April 19, 2024 at 3:53 pm. 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. DMCA Notice
