2940 S M St
Tacoma WA 98409

2940 M Street

2940 S M St Tacoma WA 98409

Listing #: 686179 | Status: Available | Last Modified: 11/21/2024 |

For Sale
Jeremiah Durr
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 5,200,000.0
  • $/SF$ 221.9
  • Listing StatusAvailable
  • Days on Market87
  • Asset ClassIndustrial
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income407,796
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income407,796
  • CAP Rate 6.75 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Industrial Asset Class Info
  • Dock High Doors
  • Semi-Dock Doors0
  • Grade Level Door Count8
  • Crane Count
Building Information
  • 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 Type
  • Property TypeIndustrial
  • Office Type
  • Building ClassC
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetS. Tacoma Way
  • Market AreaAllenmore Medical District
  • Tax ID #0320084097
  • Additional Parcels6550000320
  • ZoningM2-STGPD-ST-M/IC
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces39
  • Total Parking Spots39
  • Parking Ratio1.7
Construction
  • Year Built2001
  • Year Renovated2007
  • Completion Date
  • Roof Type
  • Construction Type

M Street Industrial Park

Public Comments

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.

Public Building Comments

Well maintained. Fenced parking.

Listing Images