6324 Mckinley Avenue, Tacoma, WA 98404
- $499,950
Listing courtesy of Theory Real Estate.
- List Price
- $499,950
- Status
- ACTIVE
- MLS#
- 2024696
- Price Change
- ▼ $25,000 1685426590
- Days on Market
- 132
- Annual Tax Ammount
- 2858
Property Description
CALLING ALL INVESTORS! Remodeled mixed use building! Ground level commercial has great visibility on Mckinley w/ high traffic count & is occupied by a restaurant on lease. Upstairs offers a 3/1 unit! Courtyard offers outdoor space for the restaurant & extra storage for upstairs! Plenty of parking on backside of building! Sellers also selling nearby: 6311 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.
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Additional Information
- Community
- McKinley
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1904
- # of Assigned Spaces
- 6
- Roof
- Composition
- Tax Year
- 2023
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Forced Air, Concrete, Wall to Wall Carpet
- Flooring
- Concrete, Carpet
- Driving Directions
- Go South down Mckinley from 56th St. 6324 Mckinley is on your Right, just before stop light at E 64th St and Mckinley Ave.
- Other Expenses
- 1200
- Energy Source
- Electric, Natural Gas
- Buyer Agency Compensation
- 2
- Net Operating Income
- $45,938
- Gross Adjusted Income
- $52,872
- Gross Scheduled Income
- $52,872
- Cap Rate
- 9.19
- Total Expenses
- $6,934
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