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    2509 S Holgate St

    Tacoma, WA 98402
    • $1,500,000
    • STATUS: Active
    • ON SITE: 460 days
    • ID#: 1436904
    UPDATED: 9 min ago
    $1,500,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1918
    County:

    School Ratings & Info

    Listing Courtesy of Better Properties N. Proctor.

    Description

    Huge Price Reduction! The Original Pacific Brewing and Malting Company Building. Classic 5 story brick building with vistas of Tacoma. Located in the revitalized UW-Tacoma and Brewery District. 40,000+ sq ft of commercial, warehouse, industrial. office. Great cash flow. Superb tenants. EZ access to Sound Transit and I-5. Phase 1 and Phase 2 ESA completed. Big upside potential by utilizing 100% of the building. Recent new roof. The building looks great

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-07-14T14:15:53.357.

    www.thekendratoddgroup.com/homes/93546834
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    2509 S Holgate St Tacoma, WA 98402

    • Price: $1,500,000
    • Status: Active
    • Updated: 9 min ago
    • ID#: 1436904
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    1918
    Built
    Neighborhood:
    Tacoma
    County:
    Pierce
    Area:
    Central Tacoma
    Property Description
    Huge Price Reduction! The Original Pacific Brewing and Malting Company Building. Classic 5 story brick building with vistas of Tacoma. Located in the revitalized UW-Tacoma and Brewery District. 40,000+ sq ft of commercial, warehouse, industrial. office. Great cash flow. Superb tenants. EZ access to Sound Transit and I-5. Phase 1 and Phase 2 ESA completed. Big upside potential by utilizing 100% of the building. Recent new roof. The building looks great
    Exterior Features

    Building Condition Good Exterior Brick Foundation Poured Concrete Loading 1-3 Bays10'-15' Doors Lot Depth 114 Lot Dimensions 200 X 114 Lot Topography And Vegetation Level Roof Flat Site Frontage 200 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 45000

    Interior Features

    Building Sq Ft 45000 Ceiling Height 8-16 FT Floor Covering Concrete Heating And Cooling Forced Air Office Sq Ft 2000 Total Sq Ft Rented 38500

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 1500000 Assessed Value Year 2020 Available Pads 0 Bank Owned No Boundary Survey 7.30 Cap Rate N Commercial Features Storage Electrical Expenses 4800 Energy Source ElectricNatural Gas Environment Survey Y EPSEnergy 0 Expansion Area Y Form17 Provided Free And Clear Y General Zoning Classification BusinessCommercialIndustrialMulti-FamilyOfficeResidential Gross Adjusted Income 162735 Gross Rent Multiplier 10 Gross Scheduled Income 140000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 6200 Net Operating Income 130696 Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company Tacoma Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company Tacoma Tax Amount 21039 Tax Year 2020 Terms Cash OutOwner Financing Third Party Approval Required None Total Expenses EXP 32039 Total Expenses TEX 32039 Total Monthly Rent 8275 Vacancy Rate 5 Water Company Tacoma Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-07-14T14:15:53.357.

     
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    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Better Properties N. Proctor.