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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

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INVESTMENT HIGHLIGHTS

  • Fully functional nail salon
  • Private upstairs living space
  • High traffic corridor

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.

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
Freestanding
Building Size
1,166 SF
Building Class
C
Year Built
1917
Price
$469,000
Price Per SF
$402.23
Cap Rate
13.48%
NOI
$63,242
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
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Heritage Bank
HomeStreet Bank
TacoTime
CrossFit
Starbucks
BECU
America's Credit Union
Columbia Bank
KeyBank
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
022001-4168
Land Assessment
$210,000 (2025)
Improvements Assessment
$85,100 (2025)
Total Assessment
$295,100 (2025)
  • Listing ID: 37223696

  • Date on Market: 8/11/2025

  • Last Updated:

  • Address: 3606 S 12th St, Tacoma, WA 98405

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