8821 Pacific Ave S Tacoma, WA 98444
Two-building motel with 21 guest rooms and manager's suite.
Building Details
- Year built
- 1958
Source:
Corcoran
Listing Agent: Tia Yeo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.4330967
- Latitude
- 47.176534
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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.