3910-3918 E Portland Ave - Freestanding FOR SALE


Tacoma, WA 98404
$4,895,000 USD
206-251-4664
3910-3918 E Portland Ave, Tacoma, WA for Sale
$4,895,000 USD
Freestanding - FOR SALE
1/9
null | 6.07% Cap Rate

3910-3918 E Portland Ave
Tacoma, WA 98404


HIGHLIGHTS

  • High traffic, high visible location near downtown Tacoma and Casinos
  • Close to Freeways
  • Plenty of parking

OVERVIEW

This is a rare opportunity to purchase a 3 unit retail investment property well located near downtown Tacoma. The Building has a new roof and is close to freeways with plenty of parking. This property is solidly anchored and an adjacent parcel zoned residential could be available for purchase as well.

FOR SALE DETAILS

PRICE

$4,895,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

6.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Portland Ave Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

2.35 AC

LAND SF

102,579 SF

ZONING

C1, Tacoma

APN/PARCEL ID

032015-1084,032015-1186

ASK ABOUT THIS PROPERTY

Norman IvesNI Commercial Real EstateMore Info
206-251-4664

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Norman IvesNI Commercial Real EstateMore Info
206-251-4664

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.