7031 Pacific Ave, Tacoma, WA 98408

$850,000

Listing courtesy of Better Properties N. Proctor.

List Price
$850,000
Status
ACTIVE
MLS#
1586426
Days on Market
97
Bank Owned
Yes

Property Description

Bank owned building. Current use is a motel. CCX-Community Commercial Mixed Use. Main building is a 8 unit Motel, 2nd a 3bd/2.5bth live/work house. Uses: Office, Retail, Restaurant, Drive Through, Gas Station, Self Storage, Large Scale Retail, Personal Services, Multi Family. Max building height 60 ft w/ no set backs. Lot size 75 x 284 , 21,375 sqft. High income business opportunity-future development potential. In 2013 Annual Gross Rental Income is $165,000.00+, $13,750.00 month. Owner Finance.

Additional Information

Community
Tacoma
Property Type
COMI
Style
60 - Comm Bldg Und 10K
Year Built
1953
Exterior
Wood, Wood Products
Roof
Composition, Torch Down
Annual Taxes
$4,653
Tax Year
2019
Potential Terms
Cash Out, Conventional, Owner Financing
ENS
Electric
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