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3606 S 12th St 1,166 SF Retail Building Tacoma, WA 98405 $469,000 ($402.23/SF) 13.48% Cap Rate



Investment Highlights
- Fully functional nail salon
- Private upstairs living space
- High traffic corridor
- Heavy foot traffic during daytime
Executive Summary
Turnkey Nail Salon Building – Land & Structure Included!
Rare opportunity to purchase a fully built-out personal care spa property with a bonus upstairs bedroom - ideal for live/work, overnight stays, or office/staff use. This property includes the building and land — no lease, no landlord. Property is move-in ready and perfect for eyelash extensions, waxing, facial massage, skincare, and nail care.
Main floor includes 4 manicure stations, 3 pedicure stations, a lash/brow/facial treatment room, waiting area, full bathroom, kitchen. Upstairs features private bedroom, potential for additional massage services.
Perfect for owner-operators seeking both business and residential use. Furniture, fixtures, equipment, inventory included.
Cap rate and NOI include business income.
Rare opportunity to purchase a fully built-out personal care spa property with a bonus upstairs bedroom - ideal for live/work, overnight stays, or office/staff use. This property includes the building and land — no lease, no landlord. Property is move-in ready and perfect for eyelash extensions, waxing, facial massage, skincare, and nail care.
Main floor includes 4 manicure stations, 3 pedicure stations, a lash/brow/facial treatment room, waiting area, full bathroom, kitchen. Upstairs features private bedroom, potential for additional massage services.
Perfect for owner-operators seeking both business and residential use. Furniture, fixtures, equipment, inventory included.
Cap rate and NOI include business income.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,166 SF
Building Class
C
Year Built
1917
Price
$469,000
Price Per SF
$402.23
Cap Rate
13.48%
NOI
$63,221
Tenancy
Single
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.12 AC
Zoning
C1 - Neighborhood Commercial district, residential use allowed
Parking
9 Spaces (7.72 Spaces per 1,000 SF Leased)
Frontage
35’ on S 12th St
Amenities
- Bus Line
- Signage
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Very Walkable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 022001-4168 | Improvements Assessment | $85,100 (2025) |
| Land Assessment | $210,000 (2025) | Total Assessment | $295,100 (2025) |
Property Taxes
Parcel Number
022001-4168
Land Assessment
$210,000 (2025)
Improvements Assessment
$85,100 (2025)
Total Assessment
$295,100 (2025)
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3606 S 12th St
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