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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
Office
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
Walk Score ®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
203217-0070
Land Assessment
$224,700
Improvements Assessment
$584,100
Total Assessment
$808,800
  • Listing ID: 31611449

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 201 N I St, Tacoma, WA 98403

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