5926 100Th StTacoma, WA 98499

For Sale
$415,000

Prime Lakewood office, 1,125 sq ft, 8.4% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
93
This 1,125 square foot condominiumized office space presents a compelling opportunity in the heart of Lakewood, Washington. Located near Lakewood Towne Center, this Class B property offers convenient access to Interstate 5 and Highway 512, ensuring excellent commuter access. Built in 1972, the building boasts a well-maintained HVAC system and roof, minimizing future maintenance concerns. Currently vacant, this space is ideal for a small professional business owner-user seeking a move-in ready location. The property features separately metered utilities for efficient cost management. Zoned for Central Business District (CBD) use, this property offers significant flexibility. The asking price is $415,000, representing a strong 8.4% capitalization rate, making it an attractive investment opportunity. The property's address is 5926 100th St SW, Tacoma, WA 98499 (Pierce County), with APN 5135000048. This is a traditional office space suitable for executive use.

Highlights

  • Asking price: $415,000
  • 1,125 square foot office condo in Tacoma, WA
  • Class B building, built in 1972
  • 8.40% cap rate, currently vacant
  • Located near Lakewood Towne Center, I-5, and Hwy 512, with separately metered utilities.

Property Details for 5926 100Th St

Property type
Other office properties, Office properties
Square Feet
1,125 SF
Class
B
Year Built
1972

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.16611
Longitude
-122.516696
5926 100Th St, Tacoma, Washington

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5926 100Th St
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