2940 S M St
Tacoma WA 98409
2940 M Street
2940 S M St Tacoma WA 98409
Listing #: 686179 | Status: Available | Last Modified: 10/21/2024 |
For Sale
- Phone:(253) 471-5506
- Email:jdurr@firstwesternproperties.com
- Office Name:First Western Properties - Tacoma, Inc.
- Office Phone:(253) 472-0404
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,200,000.0
- $/SF$ 221.9
- Listing StatusAvailable
- Days on Market57
- Asset ClassIndustrial
- Terms
- Investment Type
- Investment PropYes
- Gross Income407,796
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income407,796
- CAP Rate 6.75 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors
- Semi-Dock Doors0
- Grade Level Door Count8
- Crane Count
- Building StatusExisting
- # of Buildings2
- # of Floors1
- # of Units
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF23437
- Net Rentable Area23437
- Total Office SF
- Largest Contiguous SF7500
- Lot SF68271
- Acres1.57
- Property TypeIndustrial
- Office Type
- Building ClassC
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross StreetS. Tacoma Way
- Market AreaAllenmore Medical District
- Tax ID #0320084097
- Additional Parcels6550000320
- ZoningM2-STGPD-ST-M/IC
- # Covered Spaces0
- # Uncovered Spaces39
- Total Parking Spots39
- Parking Ratio1.7
- Year Built2001
- Year Renovated2007
- Completion Date
- Roof Type
- Construction Type
M Street Industrial Park
First time ever on the market! Tacoma Nalley Valley light industrial/flex warehouse investment with owner-user space. Proximity to Interstate 5 and Hwy 16 interchange make it a superb location for businesses serving the Puget Sound. Highly flexible M1 and M2-STGPD Industrial zoning allows for a wide variety of uses, including i502 cannabis.
Well maintained. Fenced parking.
