809 S 38th Street

Tacoma, WA 98418

  • Bed

  • Bath

  • 0 SqFt

  • 184 DOM

  • Built: 1916

  • Status: Active

$1,269,000

X

809 S 38th Street

Tacoma 98418

$1269000

  • Bed

  • Bath

  • 0 SqFt

  • 184 DOM

  • Built: 1916

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

***Price Reduction -$280K** 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 w/multi-use zoning and multiple new development sites nearby within revitalized Lincoln District. Horsfall mixed-use comm building comprised of total of 13 units, three retail spaces & attached warehouse on main level, on 2nd level, six studio apartments and three SEDUs with opportunity to change either the floorplan or unit mix during renovation. Great proforma income w/ 2nd floor resi buildout & retail lease potential. Designated parking behind building. Conveniently located minutes to Tacoma Mall, T-Mobile, & more! Property sold "As Is"

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Residence Information

  • 0

  • Composition, Flat

  • 75 - Retail

  • 1916

  • Poured Concrete

Features and Utilities

  • Concrete, Fir/Softwood, Wall to Wall Carpet

  • Brick

  • Public

  • Sewer Connected

  • 0

Financial

  • 7053

  • 08-30-2024

Comparable Information

  • 184

  • 184

  • $1,550,000

  • $1,550,000

  • Mar 21, 2025 03:53

Schools

Map

Listing courtesy of Venture Real Estate Group LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 07, 2025 03:23 | Listing last modified Mar 21, 2025 03:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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