2509 S Holgate StreetTacoma, WA98402
$1,250,000
6 total units
$13,600 annual income
0.5256 acres
1848 days on market
VestorFilter™
Price per acre$2.38M/ac
Time on market1848 days
Property Description
8.5% CAP RATE!! $163,200 Gross Income. Recent price drop makes this property a Great Investment. The Original Pacific Brewing and Malting Company Building. Classic 5 story brick building with vistas of Tacoma. Located in the revitalized UW-Tacoma and Brewery District. 40,000+ sq ft of commercial, warehouse, industrial. office. Great cash flow. Superb tenants. EZ access to Sound Transit and I-5. Phase 1 and Phase 2 ESA completed. Big upside potential by utilizing 100% of the building.
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Financial Data
Date Sold2021-03-10
Sold Price$1,150,000
Original Price$1,900,000
Current Price$1,250,000
Property Taxes$21,040
Find On Map
Home Facts
StatusClosed
Year Built1918
Exterior Features
MLS IDNWM1436904
