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1941 Marine View Dr 8,990 SF 100% Leased Retail Building Tacoma, WA 98422 $3,000,000 ($333.70/SF)
Executive Summary
Building Size: 8,890 SF
Land Area: 3.84 (167,270 SF)
Zoning: M2 - Heavy Industrial
Asking Price: $3,000,000
Property Features
• IOS opportunity with in-place income—prime for future value-add and strategically located near Port operations
• Three tenant income-generating property
• Fully leased with Total Gross Income of $184,200/year
• Two tenants on NNN leases and one tenant paying rent + pro-rata utilities
Land Area: 3.84 (167,270 SF)
Zoning: M2 - Heavy Industrial
Asking Price: $3,000,000
Property Features
• IOS opportunity with in-place income—prime for future value-add and strategically located near Port operations
• Three tenant income-generating property
• Fully leased with Total Gross Income of $184,200/year
• Two tenants on NNN leases and one tenant paying rent + pro-rata utilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,990 SF
Building Class
C
Year Built
1983
Price
$3,000,000
Price Per SF
$333.70
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.05
Lot Size
3.84 AC
Zoning
M2
Parking
26 Spaces (2.89 Spaces per 1,000 SF Leased)
Frontage
914’ on Marine View Dr Dr
Amenities
- Bus Line
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $646,000 | |
| Land Assessment | $1,429,900 | Total Assessment | $2,075,900 |
Property Taxes
Parcel Numbers
Land Assessment
$1,429,900
Improvements Assessment
$646,000
Total Assessment
$2,075,900
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1941 Marine View Dr
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