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    FOR SALE
    Office Spaces

    14416 Pacific Ave S, Tacoma, WA 98444

    3,748 SF 0.15 ac lot Built 1950
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US90-1765743
    14416 Pacific Ave S, Tacoma, WA 98444 For Sale
    $600,000 3,748 SF
    14416 Pacific Ave S, Tacoma, WA 98444
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    Property summary
    AI-generated overview

    This exceptional 3,644 square foot storefront, located at 14416 Pacific Ave S in Tacoma, WA 98444 (APN 9835000330), presents a rare owner-user opportunity. Built in 1950 and renovated in 1979, the property boasts 100% occupancy and offers significant potential. Priced at $650,000 ($178.38/sq ft), this retail space is perfectly situated for high visibility and accessibility on a busy highway, ensuring maximum exposure to passing traffic. The property's prime location in Tacoma's thriving business district provides an excellent platform for business growth. Adding to the investment potential, a 2-bedroom, 1-bathroom apartment occupies the upper level, currently generating $1,950 per month in rental income on a month-to-month lease. This versatile property is ideal for businesses seeking a stable, long-term investment with immediate income generation. The property's strong location and existing income stream make it an attractive proposition for savvy investors and owner-operators alike. This is a unique chance to acquire a well-maintained, high-traffic retail space in a desirable Tacoma location. Don't miss this opportunity to secure your business's future in a prime commercial location.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1950
    Construction WOOD FRAME
    Total area 3,748 SF
    Lot 0.15 ac (6,720 SF)
    Zoning code AC
    APN 9835000330
    UPID US90-1765743
    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
    • Pac Ave Coins & Collectibles Discount Store (Bike/Boat/Book/etc) Store
    • Bills Locksmith Service Tacoma Locksmith
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $560k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $385k
    Blend (final) Blend
    $530k
    Owner & transaction history
    14416 Pacific Avenue LLC · 5 yrs held
    14416 Pacific Avenue LLC
    since 2020
    Last sale
    $500,000
    6 recorded transactions
    2020
    $500,000
    2016
    $370,000
    1994
    $80,000
    1988
    $70,000
    1969
    1969
    Zoning & alternative use
    AC · Tacoma, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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