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(206) 595-7188
Real Estate Company
8222 S Tacoma way, Tacoma, WA 98499
- $1,500,000
Listing Broker: Kelly Right RE of Seattle LLC; Darlene Nguyen-Chapman; 206-288-9119; ndarlene3@gmail.com
- List Price
- $1,500,000
- Status
- FIRST LOOK
- MLS#
- 2596269
- Annual Tax Ammount
- 14714
Property Description
Attractive commercial investment featuring a long-term operating and well-established Furniture store & service business. Benefit from an existing tenancy and plenty of income potential. Reasonable price for the new building owner! A commercial building currently occupied by a long-term tenant who operated a furniture showroom for many years. Tenant responsible for all utilities. This building has it all, with a sewer connection in great condition. Located in Tacoma's established industrial corridor, buildings 8220 and 8222 can be sold together and offer convenient access to Interstate 5, SR 99, and major transportation routes connecting Seattle, Tacoma, the Sea-Tac Airport, the Port of Tacoma, and the railroad. It is also close to South Tacoma Way Mall. The property is surrounded by a mix of industrial, warehouse, and commercial users, making it an ideal location for a variety of business operations. Big ideas need the right address, and these two parcels, 0220361010 and 0220361018, offer 10,956 SF of commercial space in Pierce County, giving you room to plan with confidence. Zoned C2 with about 98 feet of frontage, it sets the stage for a retail or personal-services space where customers can find you easily, and your vision can take shape. The lot spans about 39,420sf + 13,500sf, for a total of 52,920 square feet, equal to 1.22 AC, offering flexibility for a wide range of uses. Positioned within the South Tacoma-Seattle Trade area.
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Additional Information
- Community
- Lakewood
- Building Condition
- Fair
- Style
- 75 - Retail
- Year Built
- 1929
- Roof
- Flat, Torch Down
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Concrete
- Driving Directions
- GPS
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $100,286
- Gross Adjusted Income
- $120,000
- Gross Scheduled Income
- $120,000
- Cap Rate
- 7
- Total Expenses
- $19,714
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.