955 Tacoma Ave S

    Tacoma, WA 98402
    • $6,175,000
    • STATUS: Active
    • ON SITE: 309 days
    • ID#: 1347706
    UPDATED: 38 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

    This Cared for Brick 31,447 sq ft, Class A Office Building with 62 Stall Parking Garage, Located in Downtown Tacoma Municipal District. 99% Leased with Full Service Leases. The Roof was Recently Replaced in Early 2017, Recent Interior Updates, The Windows Re-Caulked, and the Building was Pressure Washed in 2018. Most of the Building is Locked Down with Key Card Access, All Viewings of Interior Offices upon Mutual Acceptance. Please Do Not Approach Tenants. Current Good Cap Rate @ 6%.

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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 Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-19T20:18:23.49.

    www.pickettstreetproperties.com/homes/87416712

    955 Tacoma Ave S Tacoma, WA 98402

    • Price: $6,175,000
    • Status: Active
    • Updated: 38 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
    This Cared for Brick 31,447 sq ft, Class A Office Building with 62 Stall Parking Garage, Located in Downtown Tacoma Municipal District. 99% Leased with Full Service Leases. The Roof was Recently Replaced in Early 2017, Recent Interior Updates, The Windows Re-Caulked, and the Building was Pressure Washed in 2018. Most of the Building is Locked Down with Key Card Access, All Viewings of Interior Offices upon Mutual Acceptance. Please Do Not Approach Tenants. Current Good Cap Rate @ 6%.
    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 62 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 6.00 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 591380 Gross Rent Multiplier 0 Gross Scheduled Income 49282 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 2019 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 Pickett Street Properties 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 Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-19T20:18:23.49.

     
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    Listing Courtesy of Keller Williams Downtown Sea.