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Park Plaza

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Park Plaza

502 512 112th St S, Tacoma, WA 98444
Retail,Specialty For Sale Available Cap Rate 4.11% Built 1959 1 floors Zoning: UCOR
Asking Price
$2,600,000
Total Building20,224 SF
Available20,224 SF avail
Land52,098 SF land
MarketParkland/Midland
CountyPierce

Read Overview
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Overview

Property ID
305307
Listing ID
704083
Type
Retail
Asset Class
Retail,Specialty
Zoning
UCOR

Description

Great opportunity to own a 20,000 square foot +/- commercial building in Parkland. First time on the market in over 50 years. A good mix of tenants. Very low vacancy. The adjacent 1/2 acre +/- vacant lot is included (Parcel #031909-2-059). Urban Corridor (UCOR): Maximum density of 60 housing units per acre and generally a maximum height of 55 feet. 76 parking spaces! Buyer to verify all information. Call today for more details. Cap rate based on commercial building only. Vacant lot valued at $600,000, so affects the total cap rate.

Listing Courtesy of:

MH
Mark Hulen
Better Properties Real Estate
6223 Mount Tacoma Dr SW,
Lakewood, WA 98499-1539
State: WA City: Tacoma ZIP: 98444 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.