Tacoma, WA 98402,740 Broadway
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Tacoma, WA 98402,740 Broadway
Tacoma, WA 98402,740 Broadway
Tacoma, WA 98402,740 Broadway
Tacoma, WA 98402,740 Broadway
Listed by Keller Williams Tacoma
Bought with Theory Real Estate

$1,750,000

Est. payment /mo

$1,650,000

6.1%
Est.Price: ?

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740 Broadway Tacoma, WA 98402

SOLD DATE : 03/31/2022

Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision New Tacoma

MLS Listing ID 1869705

Sold Date 03/31/22

Style 61 - Comm Bldg Ovr 10K

Year Built 1919

Annual Tax Amount $12,744

Lot Dimensions 60X120X11X52X103

Property Description

Historic building in the heart of Tacoma's Antique Row. Beautiful brick building with mixed use, retail and a club/lounge. Tremendous view from the two upper floors. Frontage on both Broadway and St Helens. Located in the DDC zoning which allows 400 ft max height. GREAT DEVELOPMENT OPPORTUNITY! Current 7% cap with below market rents. Brand new TMO roof system ($125,000). This Theater District is very walkable with interesting shops and restaurants. This 1919 Art Deco building is truly the finest in all of Tacoma. Huge windows and high ceilings. Popular lounge/night club with a dance floor that has a view of the city. Reliable rents from long term tenants.

Location

State WA

County Pierce

Area 28 - Central Tacoma

Interior

Interior Features Forced Air, Heat Pump, HEPA Air Filtration, Hardwood

Flooring Hardwood

Fireplace false

Exterior

Exterior Feature Brick

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, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

Jonathan Pearlstein

Global Real Estate Advisor / Designated Broker | License ID: 17157

+1(425) 444-7899

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