8821 Pacific Ave S Tacoma, WA 98444
Two-building motel with 21 guest rooms and manager's suite.
- Added:
- Dec 19, 2024
- Days on Market:
- 496
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 8821 Pacific Ave S
General Information
- Standard status
- Active
Building Details
- Year Built
- 1958
Listing agent TIA YEO
Listing office SKYLINE PROPERTIES - KENT
Listing date Dec 19, 2024
Source Corcoran
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Overview
Pacific Avenue Motel Business Opportunity
This offering includes the real property and business operating as a motel located on Pacific Avenue. The property features two separate buildings: a one-story structure with 2,352 square feet and a two-story building offering 3,552 square feet. There are 21 guest rooms, plus an additional two-bedroom/living room suite for a manager. Remodeling has been completed on a total of 17 units. The option exists to convert four larger rooms into long-term rentals, or maintain the existing 21 rooms. Currently, approximately 50% of the rooms are occupied by long-term residents. Each room is equipped with complimentary Wi-Fi, air conditioning, and a spring cooler. The business operates absentee with a manager, maintenance personnel, and a cleaner. In 2023, the business generated a gross income exceeding $449,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Pacific Lodge
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.433
- Latitude
- 47.1765
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - Two-building motel with 21 guest rooms and manager's suite.
Where is this motel located?
The property is located at 8821 Pacific Ave S Tacoma, WA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Established business boasting $449k+ gross revenue in 2023.; Two buildings totaling 5,904sf feature 21 guest rooms plus a 2‑bedroom manager's suite.; Option to convert 4 rooms into larger units for long‑term rentals.
