Tacoma, WA 98408,7031 Pacific AVE
Listed by Better Properties N. Proctor
Bought with Best Choice Realty, LLC

$727,200

$850,000

14.4%
Est.Price: ?

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Est. payment /mo

0.49 Acres Lot


SOLD DATE : 08/31/2020

Key Details

Sold Price $727,200

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Tacoma

MLS Listing ID 1586426

Style 60 - Comm Bldg Und 10K

Year Built 1953

Annual Tax Amount $4,653

Lot Size 0.491 Acres

Property Sub-Type Commercial Industrial

Property Description

Bank owned building. Current use is a motel. CCX-Community Commercial Mixed Use. Main building is a 8 unit Motel, 2nd a 3bd/2.5bth live/work house. Uses: Office, Retail, Restaurant, Drive Through, Gas Station, Self Storage, Large Scale Retail, Personal Services, Multi Family. Max building height 60 ft w/ no set backs. Lot size 75 x 284 , 21,375 sqft. High income business opportunity-future development potential. In 2013 Annual Gross Rental Income is $165,000.00+, $13,750.00 month. Owner Finance.

Location

State WA

County Pierce

Area 60 - Southeast Tacoma

Interior

Flooring Ceramic Tile

Exterior

Exterior Feature Wood, Wood Products

Utilities Available Sewer Connected, Electric

Roof Type Composition,Torch Down

Building

Sewer Sewer Connected

Water Public

Others

Acceptable Financing Cash Out, Conventional, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

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Tommy Mutchler, Realtor

Managing Broker | License ID: 28006

+1(360) 312-4992

Bellingham, WA, United States

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