View Map All Properties • Page 1 of 1 View All Sort by Price Sort Alphabetical
« Back

Austin Building

Main image

Austin Building

12202 Pacific Ave S, Tacoma, WA 98444
Retail,Office For Sale Available Built 1964 2 floors Zoning: TCTR
Asking Price
$2,200,000
Total Building5,703 SF
Available5,938 SF avail
Land10,019 SF land
ConstructionFramed,Wood
MarketParkland/Midland
CountyPierce

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
205557
Listing ID
706140
Type
Office
Asset Class
Retail,Office
Zoning
TCTR

Description

Fully Leased or ±1,822 SF Available — seller willing to lease back or vacate, offering flexibility for investors or owner-usersApprox. 6.75% In-Place Cap Rate with stable, in-place incomeTurn-Key Asset — professionally maintained with strong operating historyOver $650,000 in Capital Improvements (2024) — significant recent reinvestment reduces near-term capital riskExtensively Remodeled Office Space — ±1,800 SF Class B suite, fully furnished with built-in desks, four private offices, conference room, and dedicated storageDiverse Tenant Mix — minimizes rollover risk and supports long-term stabilityPrime Pacific Avenue Corridor Location — excellent visibility and accessibilityImmediate Freeway Access — quick connectivity to Hwy 512 and I-5Attractive Owner-User or Passive Inve

Listing Courtesy of:

CD
Cassandra Day
C & J Realty
12202 Pacific Avenue South,
Tacoma, Wa 98444-5157
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.