Live-Work Retail Nail
3606 S 12th St Tacoma, WA 98405
For Sale
Contact for pricing
Operating nail salon with an upstairs private living space and on-site parking for nine vehicles.
Property Size1,166 SF
Price / SF$402.23
Days on Market404
Property Features for 3606 S 12th St
General Information
Standard status
Active
Size
1,166 SF
Property subtype
RETAIL
Listing Agency:
Better Properties Real Estate
(253) 921-0887
Listed By:
Mark Hulen
(253) 921-0887
Source:
Moodyscre
Added: Jun 19, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Properties Real Estate
Investment Insights
Based on property information with market context.
This live-work property is currently configured as a fully operational nail salon. The main floor features four manicure stations and three pedicure stations, along with a lash/brow/facial treatment room and a waiting area. A private upstairs living space provides the live-work component of the layout.
The property includes a large 9-car parking lot on site, supporting customer access and day-to-day convenience.
The offering combines both salon space and residential use within the same building footprint, with existing improvements already in place for service operations.
The property includes a large 9-car parking lot on site, supporting customer access and day-to-day convenience.
The offering combines both salon space and residential use within the same building footprint, with existing improvements already in place for service operations.
Key Highlights
- Fully operational nail salon on a high‑traffic corridor
- Main floor features 4 manicure stations and 3 pedicure stations
- Includes lash/brow/facial treatment room and a waiting area
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.5k | $27.00 |
| − Vacancy | −$6.3k | −$5.40 |
| EGI | $25.2k | $21.60 |
| − OpEx | −$6.3k | −$5.40 |
| NOI | $18.9k | $16.20 |
1,166 SF · lease $27.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$269.8K
$236.1K – $314.8K
NOI $18,889 @ 7.0% cap · market cap 4.03%
Second Best
Mixed Use
$229.9K
$201.1K – $268.2K
NOI $16,091 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$358.4K
$313.6K – $418.1K
NOI $25,088 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Operating nail salon with an upstairs private living space and on-site parking for nine vehicles.
Where is this live-work space located?
The property is located at 3606 S 12th St Tacoma, WA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Fully operational nail salon on a high‑traffic corridor; Main floor features 4 manicure stations and 3 pedicure stations; Includes lash/brow/facial treatment room and a waiting area
