502 512 112th Street S, Tacoma, WA 98444
- $2,250,000
Listing courtesy of Better Properties Real Estate.
- List Price
- $2,250,000
- Status
- ACTIVE
- MLS#
- 2444009
- Price Change
- ▼ $350,000 1774380175
- Days on Market
- 288
- Annual Tax Ammount
- 28037
Property Description
Great opportunity to own a 20,000 square foot +/- commercial building in Parkland. First time on the market in over 50 years. A good mix of tenants. Very low vacancy. The adjacent 1/2 acre +/- vacant lot is available (Parcel #031909-2-059). Urban Corridor (UCOR): Maximum density of 60 housing units per acre and generally a maximum height of 55 feet. 76 parking spaces! Buyer to verify all information. Call today for more details.
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Additional Information
- Community
- Parkland
- Building Condition
- Average
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1959
- Roof
- Flat
- Tax Year
- 2025
- Potential Terms
- Cash
- Driving Directions
- GPS Friendly
- Other Expenses
- 1000
- Energy Source
- Electric
- Net Operating Income
- $116,077
- Gross Adjusted Income
- $152,855
- Gross Scheduled Income
- $160,900
- Water/Sewer/Garbage Expenses
- $1,200
- Cap Rate
- 5.1
- Vacancy Rate
- 5
- Total Expenses
- $36,778
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.