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Property profile & analytics
OFF-MARKET
Specialty properties

3201 43Rd St Tacoma, WA 98409

10,332 SF Built 1960
Property ID
Property summary
AI-generated overview

This exceptional property presents a unique investment opportunity in Tacoma, Washington. The offering encompasses two meticulously maintained buildings totaling 10,332 square feet, situated on a substantial lot at 3201 S 43rd St, Tacoma, WA 98409. The main building, a church, boasts a stunning sanctuary with seating for over 250, multiple classrooms ideal for Sunday school or other uses, ample office space, and several bathrooms. The functional floor plan is move-in ready. A second building, formerly a school, offers a spacious, open main floor with a large kitchen, and multiple classrooms upstairs. Both buildings feature recently upgraded HVAC systems (less than 3 years old), with over $100,000 invested in upgrades over the past few years. Roofing has also undergone significant investment, with pitched roofs replaced on the school and classroom sections, and flat roofs replaced with membrane roofing. The sanctuary's pitched roof is in excellent condition (2-4 years old). A comprehensive alarm system, including motion detection and 24/7 monitorable cameras, enhances security. High-speed internet and Cat-5 cabling are installed throughout most of both buildings. The property is zoned URX, offering potential for diverse future uses within a primarily medium-density residential area. Ample parking is available on-site (70 spaces) with additional street parking. The asking price is $4,500,000. The APN numbers are 5405000220, 5405000190, and 5405000162. This is a rare opportunity to acquire a well-maintained, versatile property in a desirable Tacoma location.

Property profile
Verified
Property type Specialty properties
Year built 1960
Total area 10,332 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tacoma United Pentecostal Church Church
  • Heritage Pentecostal Church Church
  • Index of /pages Association Or Organization
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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