Bought with Theory Real Estate
$330,000
$360,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3508 Mckinley AVE Tacoma, WA 98404
4,330 Sqft Lot
Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Mckinley
MLS Listing ID 1671498
Sold Date 01/15/21
Style 60 - Comm Bldg Und 10K
Year Built 1924
Lot Size 4,330 Sqft
Lot Dimensions 43x100
Property Description
Built in 1924, this 4300 sf building near Downtown Tacoma/Tacoma Dome and McKinley Park in McKinley commercial district. Opposite Tacoma Christian Center. This Property features mezzanine upper floor, hardwood throughout, stage area flat built up roof.4 parking stalls in back of building. Roof top 400 Sf area is leased to Verizon Inc. for communication equipment lease started April 23 2015 for 4 five year term total 20 years,$1300/month(15 yr lease). For sale AS IS. Building needs updating/repairs related to roof, wood floor ,bath rooms and sewer line. Tacoma Historic building.$20,000 allowance to buyer for repairs needed. Great potential. Interest for $360k loan can be covered by Verizon lease income of $1300/M. Requesting back up offer
Location
State WA
County Pierce
Area 55 - Southeast Tacoma
Interior
Interior Features Forced Air, Hardwood
Flooring Hardwood
Fireplace No
Exterior
Exterior Feature Cement/Concrete
Utilities Available Sewer Connected, Natural Gas Connected
Roof Type Built-Up
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157