Provided by NWMLS, Listed by Beata Miklos, Savvy Lane Inc

417 Garfield Street S

Tacoma, WA, 98444

$4,950,000

$204 per ft²
$4,950,000
$204 per ft²
Active
Active
 - For Sale
carpenters-square
24,220 ft²
property_type
Multi-family
calendar
Built 1948
For sale is a portfolio offering of mixed-use apartments and retail assets one block from PLU. Offering includes a mixed-use building consisting of 23 multi-family units and 12 retail units, a three tenant retail building, and 0.44 acres of vacant commercial land. All multifamily units and retail units are 100% occupied. This investment is a value-add opportunity with an estimated 64% upside in rents across the multi-family units, as well as re-purposing the vacant land as an income source or development. Zoned Towne Center, the land is used as a parking amenity for tenants and could provide additional income to the buyer or be developed into multifamily or commercial uses (buyer to verify). Properties must be sold together.
MLS® ID:
1939077
Listed:
5/22/22
Updated:
8/17/22

Exterior/Building Features

Lot Size
0.46 acres lot
Exterior Features
Brick
Architectural Style
Multi Family
Roof
Flat
Sewer
Sewer Connected

School Information

School District
Franklin Pierce
High School
Buyer To Verify
Middle/Jr High
Buyer To Verify
Elementary School
Buyer To Verify

Other Property Details

Area Name
69 - Parkland
Taxes
$28601
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
40.0
View
N
County
Pierce
Utilities
Sewer Connected, Electricity Available
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
7/15/22
Active
-
-
7/1/22
Pending
-
-

Provided by NWMLS, Listed by Beata Miklos, Savvy Lane Inc

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Data last updated 9:15 PM UTC, 8/17/22

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