201 N I St
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201 N I St
3,200 SF Vacant Office Building Tacoma, WA 98403 $849,000 ($265/SF) 8.98% Cap Rate
Executive Summary
Turn Key Multi-Unit commercial building in coveted North Tacoma. In the heart of Tacoma's Historic Stadium district, near Wright Park, Tacoma General, County Court House & City of Tacoma Buildings. Both units open up to N I St, less than a block away from Tacoma Light Rail. Main unit is over 2500 SqFt, featuring a beautiful lobby, five private offices & an additional large room. Perfectly laid out for office space. Adjoining 2nd unit has its own entrance, with 2 offices & beautiful lobby with excellent daylight. The building is ADA-accessible. Most electrical & plumbing were updated in 2006-07, during a full building remodel. New Construction going up next door. Neighborhood/Commercial X Zone (NCX), allows various development opportunities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,200 SF
Building Class
B
Year Built
1925
Price
$849,000
Price Per SF
$265
Cap Rate
8.98%
NOI
$76,245
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
1.05
Land Acres
0.07 AC
Zoning
C3, Tacoma
Amenities
- Bus Line
- Signage
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Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
Parcel Number | 203217-0070 | Improvements Assessment | $584,100 |
Land Assessment | $224,700 | Total Assessment | $808,800 |
PROPERTY TAXES
Parcel Number
203217-0070
Land Assessment
$224,700
Improvements Assessment
$584,100
Total Assessment
$808,800
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201 N I St
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