Tacoma, WA 98409 4008 S Pine Street
$1,280,000
28 more
Presented By: Seattle Works Real Estate and NWMLS
- MLS# 2353393
- 04/01/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
This commercial property presents a lucrative investment opportunity within Tacoma’s vibrant Urban Center Mixed-Use District (UCX), the South Tacoma Groundwater Protection District (STGPD) and Opportunity Zone, offering exceptional accessibility and future development potential. Strategically located just off the Tacoma Mall and easy access to I-5, this property benefits from high visibility and seamless connectivity. Currently fully leased with a robust 7% cap rate, this property guarantees consistent and reliable income, supported by 2 long-term rental tenants. Zoned to accommodate multiple types buildings, presenting a significant redevelopment or conversion opportunity with base height of 65 feet, with the potential to increase to 85ft.
Presented By: Seattle Works Real Estate and NWMLS
Interior Features for 4008 S Pine Street
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Laminate
Heating Y/NYes
Interior AmenitiesCeramic Tile, Laminate
Power Production TypeElectric
Total Fireplaces
General for 4008 S Pine Street
Building Area UnitsSquare Feet
Building FeaturesDisabled Access
Cap Rate7
Carport Y/NNo
CityTacoma
CoolingForced Air
CountyPierce
DirectionsUse GPS
Electric Expense3519
HOANo
HOA Fee$
HeatingForced Air
Insurance Expense4546
Listing TermsCash Out
Living Area UnitsSquare Feet
Lot Size Square Feet9750
Lot Size UnitsSquare Feet
MLS Area48 – South Tacoma
ModificationTimestamp2025-04-01T20:58:11.189Z
NWM_ShowMapLinkY
Net Operating Income90614
Property Style60 – Comm Bldg Und 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksThis commercial property presents a lucrative investment opportunity within Tacoma’s vibrant Urban Center Mixed-Use District (UCX), the South Tacoma Groundwater Protection District (STGPD) and Opportu
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameTacoma Mall
Tax Annual Amount5192.62
Tax Year2025
TopographyLevel
Total Actual Rent7376
Water CompanyTPU
Water Sewer Garbage3232
Year Built1956
Exterior for 4008 S Pine Street
Building Area Total
Irrigation Water Rights Y/NNo
Lot Number9120000
Lot Size Acres0.2238
Parking Uncovered Total15
Total Parking15
Water SourcePublic
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®