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31096992
31096991

14416-14418 Pacific Ave. S., Parkland, WA 98444

CM
CCM Commercial
Listed by CCM Commercial
$600,000
81 days on market
Updated 79 days ago
Opportunity zone

Pacific Avenue Professional Bldg

Details
APN 983500-0-330
Property Type Retail, Multifamily (+1)
Sub Type Executive Office, Apartment Building (+1)
Square Footage 3,748
Net Rentable (SqFt) 2,548
Cap Rate 6.00%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Renovated 2016
Stories 2
Acreage 0.154
Zoning AC Commercial
Parking Spaces 7 spaces
Parking Per SqFt 1.87

Standalone Building, Owner User / Investment / Residential Apartment

Marketing description

Pacific avenue professional building is a rare, standalone building featuring both an Owner User Opportunity and Investment Opportunity. The property is ideal for many types of small businesses such as: Professional Services, Tax Service, Brokerage, Insurance, Hair and Nail Care Salon, Plumbing, HVAC, Construction Company, and Kitchen & Bath Remodeling to name a few. It’s perfect for a business startup, or expanding your footprint. The space offers you and your clients/customers a professional atmosphere to grow your business.

The Property comes with a 1st Floor, 2,548 SF air conditioned retail space with a kitchen, 2 bathrooms, and 4 private offices. Also includes a fully leased 1,200 SF apartment upstairs that has it’s own kitchen, 2 bedrooms, and 1 bathroom. There is 75 feet of frontage on Pacific Avenue South. 35,000 vehicles per day for high visibility. Seven (7) parking stalls. Flexible Terms.

Investment highlights

  • Standalone Building
  • 3,748 SF Building
  • 2 Stories
  • 2,548 SF Rental Space
  • Opportunity Zone
  • AC Commercial Zoning City of Tacoma
  • Lot Size: 6,720 SF / 0.1542 Acres
  • Electrical Power 120/208 1 Phase
  • Remodeled in 2016
  • Lots of Extra Storage for Product & Inventory Needs
  • Kitchen, 2 Baths, 4 Private Office, Storage — 1st Floor
  • Kitchen, 1 Bath, 2 Bedrooms — 2nd Floor
  • 1,200 SF Apartment Space Upstairs
  • 75 Feet of Frontage on Pacific Ave. S.
  • 35,000 Vehicles Per Day
  • 7 Parking Stalls
  • Zoning: AC
  • APN Parcel # 983500-0-330
  • Easy Access to HWY 512, SR-7 & I-5
  • 7 Parking Stalls

Listing Contacts

CM
CCM Commercial
Listed by CCM Commercial

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