3005 6Th AveTacoma, WA 98406

Property Details for 3005 6Th Ave

Year built

1983

Construction

WOOD FRAME

Lot size

0.13 AC

Property size (Sq ft)

2,760 SF

Zone code

NCX

Property type

Retail properties

Property subtype

Retail space

APN

3245002710

APU

3245002710

Description

This thriving, four-year-old ski and snowboard shop located at 3005 6th Ave Unit B, Tacoma, WA, presents a unique investment opportunity. Boasting a strong online presence via social media and Google, and a loyal customer base, this business is currently operational for six months annually (November-April). The asking price of $336,270 reflects only this seasonal operation, offering significant upside potential for a buyer. The shop's excellent reputation and established brand recognition provide a solid foundation for expansion. A key growth strategy would involve extending operations year-round by incorporating sales of outdoor gear suitable for non-winter activities. This diversification would naturally increase revenue streams and profitability. The business is situated in Tacoma, WA, offering access to a robust local market and ample opportunities for attracting new customers. This turnkey operation eliminates the need to start from scratch, allowing a buyer to immediately capitalize on an existing, successful business model. The current owner has built a strong foundation, leaving significant room for growth and innovation under new ownership. This is an exceptional chance to acquire a well-regarded business with a proven track record and substantial potential for future expansion and increased profitability. The property itself is a business opportunity, not a real estate sale.

• CAP approach

  CAP return

  Valuation

  6%

  $1,097,888

  6.5%

  $1,013,435

  7%

  $941,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,865,134

  Geo Method

  $1,339,432

• Alternative Use

  Use

  Valuation

  Residential

  $854,871

  Hospitality

  $783,057

  Educational

  $651,494

  Medical

  $673,900

  Retail

  $1,013,435

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2555

Longitude

-122.475

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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