8821 Pacific Ave S, Tacoma, WA 98444

Building Details

Year Built

1958

Listing agent TIA YEO

Listing office SKYLINE PROPERTIES - KENT t**@realestate-tia.com

Listing date Dec 19, 2024

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Tacoma

County

Pierce

State

Washington

Longitude

-122.433

Latitude

47.1765

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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.