Listing Provided Courtesy Of:
Windermere Professional Prtnrs and NWMLS
Address
1809 1811 99th Street E Tacoma, WA
Price
$ 675,000
Property Attributes
  • ID#1849187
  • TypeCommercial
  • CountyPIERCE
  • CityTacoma
  • AreaParkland
  • NeighborhoodParkland
  • Zip98445
  • StyleComm Bldg Ovr 10K
  • Year Built1918
  • Taxes$ 4875
  • Price$ 675,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,750 SqFt
Listing Provided Courtesy Of:
Windermere Professional Prtnrs and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Rare investment opportunity of a lifetime! Mixed use property, Legal duplex w/ADU, located in NC zoning w/ commercial frontage! All units are leased w/ long term tenants that want to stay. Turn key investment property w/ 5% cap rate, great cash flow from two occupied multifamily rental units & lower commercial unit! Upstairs unit offers Cute 1 bed + lrg Den apartment, kitchen & Stackable W&D, ADU has been completely remodeled w/ modern finishes, 2 large beds, bonus rm, 1 bath, utility rm & charming open floor plan, front commercial space is whimsical w/ newer flooring, fresh paint & décor, currently leased to a successful event venue! Low maintenance landscaping, 7 parking spaces w/ busy 50' store frontage! Don't miss this opportunity.

Price History
10/5/2021 Listed $675,000

General Features

Building Area Units Square Feet
Building Features Storage
Carport Y/N No
City Tacoma
County Pierce
Directions From Hwy 512, take Portland avenue exit turn Left/North. Turn Right/East on 99th St, second structure on left/north side of street.
Exterior Features Wood, Wood Products
Flooring Ceramic Tile, Laminate, Vinyl, Vinyl Plank, Carpet
Insurance Expense 1900
Interior Features Wall to Wall Carpet
Lot Size Square Feet 5750
MLS Area 67 - Parkland
Net Operating Income 37025
Possession Closing, Tenant's Rights
Possible Use Business, Commercial, Multi-Family, Office, Retail
Property Style 61 - Comm Bldg Ovr 10K
Property SubType Commercial Industrial
Property Type Commercial Sale
PropertyCondition Good
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 1811 99th
Structure Type Unspecified
Subdivision Name Parkland
Tax Annual Amount 4875
Tax Year 2021
Terms Cash Out, Conventional
Topography Level
Total Actual Rent 3850
Total Units 3
Utilities Sewer Connected, Electricity Available
Water Company TPU
Water Sewer Garbage 2400
Year Built 1918
Zoning Class Business, Commercial, Multi-Family, Office, Retail

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Street

Exterior Features

Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Dimensions 115'x50'
Lot Number 50' of lot 23-26
Lot Size Acres 0.132
Lot Size Units Square Feet
Open Parking Y/N No
Parking Uncovered Total 7
Site Frontage 50
Total Parking 7
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 98445

Price
AVG $680K
$680K
Taxes
AVG $4,875
$4,875
Visits
AVG 11
10
Year Built
AVG 1918
1918
Walkscore
AVG 43
43
Data Provided by Walkscore ® not using MLS data

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