2509 S Holgate St, Tacoma, WA 98402

$1,775,000

Listing courtesy of Better Properties N. Proctor.

List Price
$1,775,000
Status
ACTIVE
MLS#
1436904
Price Change
▼ $125,000 1568063925
Days on Market
317

Property Description

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. 7% cap rate. Phase 1 and Phase 2 ESA completed. Big upside potential by utilizing 100% of the building. Sale includes Tax ID# 2025060020 and 2025060041. 2020 tax expense will decrease by 25%. Recent new roof. The building looks great

Additional Information

Community
Tacoma
Property Type
COMI
Building Condition
['Good']
Style
61 - Comm Bldg Ovr 10K
Year Built
1918
Exterior
Brick
Roof
Flat
Annual Taxes
$19,000
Tax Year
2020
Potential Terms
Cash Out
ENS
Electric, Natural Gas
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