955 Tacoma Ave S

    Tacoma, WA 98402
    • $6,175,000
    • STATUS: Active
    • ON SITE: 221 days
    • ID#: 1347706
    UPDATED: 16 min ago
    $6,175,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1968
    County:

    School Ratings & Info

    Listing Courtesy of Keller Williams Downtown Sea.

    Description

    Current Cap Rate @ 6%. Well Maintained Office Building in Downtown Tacoma Municipal District.~BUILDING IS SECURED TOUR WITH DISCRETION ~ 100% Leased with Full Service Leases, This Cared for Brick 31,447 sq ft, Class A Office Building with 68 Stall Parking Garage. Building's Roof Recently Replaced, The Windows Re-Caulked an, Pressure Washed & many other updates. Do Not Disturb or Approach Tenants & Visitors - The Building Is Locked Down, All Viewings of Interior & Offices upon Mutual Acceptance.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Mosaic Home Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-22T18:16:20.88.

    www.mosaichomegroup.com/homes/87416712

    955 Tacoma Ave S Tacoma, WA 98402

    • Price: $6,175,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 1347706
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1968
    Built
    Neighborhood:
    Tacoma
    County:
    Pierce
    Area:
    Central Tacoma
    Property Description
    Current Cap Rate @ 6%. Well Maintained Office Building in Downtown Tacoma Municipal District.~BUILDING IS SECURED TOUR WITH DISCRETION ~ 100% Leased with Full Service Leases, This Cared for Brick 31,447 sq ft, Class A Office Building with 68 Stall Parking Garage. Building's Roof Recently Replaced, The Windows Re-Caulked an, Pressure Washed & many other updates. Do Not Disturb or Approach Tenants & Visitors - The Building Is Locked Down, All Viewings of Interior & Offices upon Mutual Acceptance.
    Exterior Features

    Building Condition Very Good Exterior BrickCement/ConcreteMetal/VinylWood Products Foundation Poured Concrete Loading Ramp Lot Depth 120 Lot Dimensions 115 X 120 X 115 X 120 Lot Topography And Vegetation LevelSloped Roof FlatSee Remarks Site Frontage 115 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 63 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 31447 Floor Covering Ceramic TileConcreteVinylWall to Wall Carpet Office Sq Ft 25556 Total Sq Ft Rented 25481

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 5.75 Cap Rate N Commercial Features ElevatorSignage IncludedSprinkleredStorage Electrical Expenses 21555 Energy Source ElectricNatural Gas Environment Survey Y EPSEnergy 0 Expansion Area N Form17 Provided General Zoning Classification OfficeSee Remarks Gross Adjusted Income 557256 Gross Rent Multiplier 0 Gross Scheduled Income 557256 Heating Expenses 21555 Hers Index 0 Home Owner Dues 0 Insurance Expenses 6176 Net Operating Income 346935 Other Expenses 86000 Pad Ready N Possession ClosingSee RemarksSub. Tenant's Rights Power Company Tpu Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company Tpu Tax Amount 44493 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 49282 Vacancy Rate 1 Water Company Tpu Water Sewer Garbage 21555 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Mosaic Home Group and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Mosaic Home Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-22T18:16:20.88.

     
    Mosaic Home Group
    7525 28th St W
    University Place WA, 98466
    Listing Courtesy of Keller Williams Downtown Sea.