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$1,269,000
317 Days On Site

809 S 38th Street
Tacoma, WA98418

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1916
Built
Cumulative Days On Market:
299
Subdivision:
Lincoln
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Tammie Tom-Freeman of Venture Real Estate Group LLC

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253-268-1714
809 S 38th Street809 S 38th Street809 S 38th Street809 S 38th Street
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***Price Reduction -$280K** Excellent and rare investment or owner user opportunity located in the heart of Tacoma's revitalized Lincoln District. Proforma CAP 7.45%. Potential redevelopment opportunity w/multi-use zoning and multiple new development sites nearby within revitalized Lincoln District. Horsfall mixed-use comm building comprised of total of 13 units, three retail spaces & attached warehouse on main level, on 2nd level, six studio apartments and three SEDUs with opportunity to change either the floorplan or unit mix during renovation. Great proforma income w/ 2nd floor resi buildout & retail lease potential. Designated parking behind building. Conveniently located minutes to Tacoma Mall, T-Mobile, & more! Property sold "As Is"

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Listing Snapshot
Price 
$1,269,000
Days On Site 
317 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2984 Acres
Year Built 
1916
MLS® Number 
2284856
Status 
Active
Property Tax 
$7,053
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
4 months agoStatus changed to Active
5 months agoPrice changed to $1,269,000
10 months agoListing first seen on site
General Features
Acres 
0.2984
Additional Property Use 
Multi-FamilyRetail
Parking Spaces 
16
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
Multi-Family,Office,Retail
Interior Features
Flooring 
WoodConcreteSoftwoodVinylCarpet
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick
Lot Features 
Level
Roof 
CompositionFlat
Community Features
MLS Area 
54 - South Tacoma
Courtesy of NWMLS
Listing courtesy of Tammie Tom-Freeman of Venture Real Estate Group LLC



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-13 02:28 PM PDT

Neighborhood & Commute
Source: Walkscore
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