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740 Broadway

Tacoma, WA 98402
  • $1,650,000
  • STATUS: Pending
  • ON SITE: 46 Days
  • ID#: 1869705
Under Contract
UPDATED: 25 min ago
$1,650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1919
County:

School Ratings & Info

Listing Courtesy of Keller Williams Tacoma.

Description

Historic building in the heart of Tacoma's Antique Row. Beautiful brick building with mixed use, retail and a club/lounge. Tremendous view from the two upper floors. Frontage on both Broadway and St Helens. Located in the DDC zoning which allows 400 ft max height. GREAT DEVELOPMENT OPPORTUNITY! Current 7% cap with below market rents. Brand new TMO roof system ($125,000). This Theater District is very walkable with interesting shops and restaurants. This 1919 Art Deco building is truly the finest in all of Tacoma. Huge windows and high ceilings. Popular lounge/night club with a dance floor that has a view of the city. Reliable rents from long term tenants.

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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 Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-01-19T00:13:31.343.

www.betterpropertieslacey.com/homes/123737921
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740 Broadway Tacoma, WA 98402

  • Price: $1,650,000
  • Status: Pending
  • On Site: 46 Days
  • Updated: 25 min ago
  • ID#: 1869705
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1919
Built
Neighborhood:
New Tacoma
County:
Pierce
Area:
Central Tacoma
Property Description
Historic building in the heart of Tacoma's Antique Row. Beautiful brick building with mixed use, retail and a club/lounge. Tremendous view from the two upper floors. Frontage on both Broadway and St Helens. Located in the DDC zoning which allows 400 ft max height. GREAT DEVELOPMENT OPPORTUNITY! Current 7% cap with below market rents. Brand new TMO roof system ($125,000). This Theater District is very walkable with interesting shops and restaurants. This 1919 Art Deco building is truly the finest in all of Tacoma. Huge windows and high ceilings. Popular lounge/night club with a dance floor that has a view of the city. Reliable rents from long term tenants.
Exterior Features

Carport YN No Construction Methods Standard Frame Exterior Features Brick Lot Size Dimensions 60X120X11X52X103 Open Parking YN No Parking Total 0 Roof Built-Up Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K Topography Level

Interior Features

Building Area Total 0 Cooling YN Yes Fireplace YN No Flooring Hardwood Furnished Unfurnished Heating Cooling Type Forced AirHeat PumpHepa Air Filtration Heating YN Yes Interior Features Forced AirHeat PumpHepa Air FiltrationHardwood Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Common Interest Commercial Industrial Electric On Property YN No Energy Source Natural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 112847 Possession Closing Possible Use Commercial Power Company Tpu Power Production Type Natural Gas Property Condition Very Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company Tpu Special Listing Conditions None Tax Annual Amount 12744 Tax Year 2021 Utilities Sewer ConnectedNatural Gas Connected Water Company Tpu Water Source Public Year Built Effective 1949 Zoning Class Commercial Zoning Jurisdiction City

Listing information © 2022 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 Better Properties Lacey 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 Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-01-19T00:13:31.343.

 
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Better Properties Lacey
3201 Willamette Dr NE, Ste E
Lacey WA, 98516
Listing Courtesy of Keller Williams Tacoma.