Excellent and rare investment or owner user opportunity located in the heart of Tacoma's revitalized Lincoln District. Proforma CAP 7.45%. Potential redevelopment opportunity with multi-use zoning and multiple new development sites nearby within revitalized Lincoln District. The Horsfall mixed-use commercial building is comprised of a total of 13 units, three retail spaces and an attached warehouse on main level, on the second level, six studio apartments and three SEDUs with opportunity to change either the floorplan or unit mix during renovation. Great proforma income with second floor residential buildout and retail lease potential. Designated parking behind the building. Conveniently located minutes to Tacoma Mall, T-Mobile, & more!
|
DAYS ON MARKET
|
140
|
LAST UPDATED
|
11/29/2024
|
|
TRACT
|
Lincoln
|
YEAR BUILT
|
1916
|
|
COMMUNITY
|
Lincoln
|
COUNTY
|
Pierce
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
| AIR |
None |
| AREA |
54 - South Tacoma |
| CONSTRUCTION |
Brick |
| HEAT |
Forced Air, Natural Gas |
| INTERIOR |
Concrete, Fir/Softwood, Wall to Wall Carpet |
| LOT |
0.2984 acre(s) |
| LOT DESCRIPTION |
Level |
| STYLE |
75 - Retail |
| SUBDIVISION |
Lincoln |
| TAXES |
7053 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/17/25 11:23 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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