6311 Mckinley Avenue, Tacoma, WA 98404

$299,950

Listing courtesy of Theory Real Estate.

List Price
$299,950
Status
ACTIVE
MLS#
2024688
Price Change
▼ $50,000 1683666713
Days on Market
133
Annual Tax Ammount
1075

Property Description

CALLING ALL INVESTORS! Commercial building has been updated and is ready to go with great visibility on Mckinley w/ high traffic count! Large fully fenced in property offers tons of outdoor flex space and or parking! There is also a 2 car carport off the back of the building for covered parking or storage! Sellers also selling nearby: 6310 Mckinley, 6316 Mckinley, & 6324 Mckinley. Open to package deal! Major opportunity to purchase all & own 1/2 a city block in Tacoma! All properties total 9 units across 4 buildings on 7 parcels! There is 7,000+ SF building space & almost a ½ acre land! HUGE VALUE-ADD through developing! C2 zoning allows a number of uses & a height limit of 45’! Buyer to verify info provided.

Additional Information

Community
McKinley
Style
60 - Comm Bldg Und 10K
Year Built
1970
# of Assigned Spaces
14
Roof
Flat
Tax Year
2023
Potential Terms
Cash Out, Conventional
Interior Features
Concrete
Flooring
Concrete, Other
Driving Directions
Go South down Mckinley from 56th St. 6311 Mckinley is on your left, just before stop light at E 64th St and Mckinley Ave.
Energy Source
Electric
Buyer Agency Compensation
2
Net Operating Income
$27,113
Gross Adjusted Income
$29,847
Gross Scheduled Income
$29,847
Cap Rate
9
Total Expenses
$2,734
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