$950,000
$1,269,000 25.1%
Est. payment /mo
0.3 Acres Lot
Sold on 12/10/2025
809 S 38th ST Tacoma, WA 98418
GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
UPDATED:
Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Lincoln
MLS Listing ID 2284856
Sold Date 12/10/25
Style 75 - Retail
Year Built 1916
Annual Tax Amount $7,053
Lot Size 0.298 Acres
Property Sub-Type Commercial Industrial
Property Description
***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"
Location
State WA
County Pierce
Area 54 - South Tacoma
Interior
Flooring Concrete, Softwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick
Roof Type Composition,Flat
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
GET MORE INFORMATION