3515 3517 S Cedar Street, Tacoma, WA 98409
- $849,000
Listing courtesy of Best Choice Network LLC.
- List Price
- $849,000
- Status
- ACTIVE
- MLS#
- 2557090
- Days on Market
- 4
- Annual Tax Ammount
- 7502
Property Description
Prime commercial investment opportunity in Tacoma’s established automotive corridor. This offering includes two legal parcels totaling approximately 24,500 SF (0.56 acres), featuring a 4,880 SF service garage, a separate office building, and ample paved parking/display area. Currently leased to Auto Sales through September 30, 2030, with scheduled annual rent increases and renewal options, providing stable cash flow and long-term investment potential. Recent improvements include a new metal roof for shop building and connection to the City of Tacoma sewer system. Convenient access to I-5 make this property ideal for investors or future owner-users. Buyer to verify all information, including square footage, zoning, and permitted uses.
/u.realgeeks.media/stevenhume/header.png)
Additional Information
- Community
- South Tacoma
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1940
- Roof
- Composition
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Driving Directions
- From S Tacoma Way, R on 38th, L on Cedar St, shop on right side.
- Energy Source
- Electric
- Net Operating Income
- $35,798
- Gross Scheduled Income
- $45,600
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.