209 125Th StTacoma, WA 98444

Property Details for 209 125Th St

Year built

1982

Construction

WOOD FRAME

Lot size

0.30 AC

Property size (Sq ft)

840 SF

Zone code

AC

Property type

Office properties

APN

6762001842

APU

6762001842

Description

This exceptional commercial property, situated at 209 125th St S Street S in Tacoma, Washington, presents a unique investment opportunity. Priced at $742,950, the property offers significant potential for a variety of commercial uses. The building features three individual offices, providing ample space for a small business or professional practice. A three-quarter bathroom adds convenience. A significant advantage is the inclusion of two oversized garages, ideal for a workshop, auto repair business, or storage. The property's location in a high-traffic area of Tacoma/Parkland ensures excellent visibility and accessibility. The lot size is 0 acres. The square footage is not specified. Prospective buyers are responsible for verifying the allowable uses of the property with the relevant authorities to ensure compliance with all zoning regulations and building codes. This versatile space invites creative entrepreneurs and established businesses to explore its many possibilities. The combination of office space and substantial garage capacity makes this property a rare find in the Tacoma commercial market. Don't miss this chance to acquire a well-positioned and adaptable commercial property with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $257,614

  6.5%

  $237,797

  7%

  $220,812

• Comparable approach

  Method

  Valuation

  Relative Method

  $225,258

  Geo Method

  $161,767

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $453,076

  Retail / Commercial

  $235,290

  Mixed-Use / Specialty

  $236,779

  Hospitality / Lodging

  $176,748

  Institutional / Educational

  $246,987

  Residential Income

  $288,974

  Multifamily

  $333,674

  Automotive / Energy

  $211,703

  Parking / Income-Based Land

  $70,756

  Restaurant / Food Service

  $128,119

  Healthcare / Senior Housing

  $240,425

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.1439

Longitude

-122.435

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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